Evanson Financial LLC Takes $1.34 Million Position in iShares Russell 2000 Value ETF $IWN

Evanson Financial LLC purchased a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,061 shares of the company’s stock, valued at approximately $1,341,000.

A number of other institutional investors also recently bought and sold shares of the stock. Valmark Advisers Inc. grew its stake in shares of iShares Russell 2000 Value ETF by 2.3% in the 1st quarter. Valmark Advisers Inc. now owns 2,424 shares of the company’s stock worth $460,000 after purchasing an additional 55 shares during the last quarter. Eight 31 Financial LLC boosted its position in shares of iShares Russell 2000 Value ETF by 3.5% in the fourth quarter. Eight 31 Financial LLC now owns 1,667 shares of the company’s stock worth $302,000 after buying an additional 56 shares during the period. Cedar Mountain Advisors LLC grew its stake in iShares Russell 2000 Value ETF by 17.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 369 shares of the company’s stock valued at $70,000 after acquiring an additional 56 shares in the last quarter. Stegner Investment Associates Inc. boosted its position in iShares Russell 2000 Value ETF by 1.5% during the fourth quarter. Stegner Investment Associates Inc. now owns 3,919 shares of the company’s stock valued at $710,000 after purchasing an additional 57 shares during the last quarter. Finally, Carbahal Olsen Financial Services Group LLC raised its position in iShares Russell 2000 Value ETF by 1.2% during the fourth quarter. Carbahal Olsen Financial Services Group LLC now owns 5,061 shares of the company’s stock valued at $917,000 after acquiring an additional 60 shares in the last quarter. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Trading Up 0.8%

Shares of NYSEARCA:IWN opened at $225.52 on Friday. iShares Russell 2000 Value ETF has a 1 year low of $160.39 and a 1 year high of $227.31. The firm has a fifty day moving average price of $219.34 and a 200 day moving average price of $206.36. The stock has a market capitalization of $14.58 billion, a PE ratio of 14.35 and a beta of 1.02.

iShares Russell 2000 Value ETF Company Profile

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.