Carbahal Olsen Financial Services Group LLC Invests $845,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Carbahal Olsen Financial Services Group LLC acquired a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 5,148 shares of the company’s stock, valued at approximately $845,000. iShares Russell 2000 Value ETF comprises 0.8% of Carbahal Olsen Financial Services Group LLC’s portfolio, making the stock its 13th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWN. Financial Perspectives Inc lifted its holdings in shares of iShares Russell 2000 Value ETF by 18.1% in the fourth quarter. Financial Perspectives Inc now owns 391 shares of the company’s stock worth $64,000 after acquiring an additional 60 shares during the last quarter. Diversified Trust Co boosted its position in iShares Russell 2000 Value ETF by 3.0% during the fourth quarter. Diversified Trust Co now owns 2,099 shares of the company’s stock valued at $345,000 after acquiring an additional 61 shares during the last quarter. Strategies Wealth Advisors LLC raised its position in shares of iShares Russell 2000 Value ETF by 1.7% in the 4th quarter. Strategies Wealth Advisors LLC now owns 3,709 shares of the company’s stock worth $622,000 after acquiring an additional 63 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position in shares of iShares Russell 2000 Value ETF by 1.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,598 shares of the company’s stock valued at $591,000 after purchasing an additional 67 shares in the last quarter. Finally, Asset Dedication LLC increased its holdings in iShares Russell 2000 Value ETF by 3.9% in the fourth quarter. Asset Dedication LLC now owns 1,812 shares of the company’s stock worth $297,000 after purchasing an additional 68 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Up 1.0 %

NYSEARCA:IWN opened at $140.07 on Friday. iShares Russell 2000 Value ETF has a twelve month low of $129.38 and a twelve month high of $183.51. The company has a fifty day moving average of $152.06 and a 200-day moving average of $163.41. The firm has a market capitalization of $10.34 billion, a P/E ratio of 12.67 and a beta of 1.07.

About iShares Russell 2000 Value ETF

iShares Russell 2000 Value ETF, formerly Ishares Trust Russel 2000 (the Fund), formerly iShares Russell 2000 Value Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Value Index (the Index). The Index measures the performance of equity securities of Russell 2000 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.