iShares Russell 2000 Value ETF $IWN Stake Raised by Valmark Advisers Inc.

Valmark Advisers Inc. boosted its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 58.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,395 shares of the company’s stock after acquiring an additional 886 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares Russell 2000 Value ETF were worth $378,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Tassel Capital Management Inc. raised its holdings in iShares Russell 2000 Value ETF by 3.3% during the 2nd quarter. Tassel Capital Management Inc. now owns 2,115 shares of the company’s stock worth $334,000 after buying an additional 68 shares during the period. Pinnacle Financial Partners Inc raised its holdings in iShares Russell 2000 Value ETF by 0.5% during the 1st quarter. Pinnacle Financial Partners Inc now owns 14,406 shares of the company’s stock worth $2,290,000 after buying an additional 75 shares during the period. McMill Wealth Management raised its holdings in iShares Russell 2000 Value ETF by 4.0% during the 1st quarter. McMill Wealth Management now owns 1,948 shares of the company’s stock worth $294,000 after buying an additional 75 shares during the period. IFP Advisors Inc raised its holdings in iShares Russell 2000 Value ETF by 2.0% during the 1st quarter. IFP Advisors Inc now owns 3,834 shares of the company’s stock worth $579,000 after buying an additional 77 shares during the period. Finally, American Financial Advisors LLC raised its holdings in iShares Russell 2000 Value ETF by 0.8% during the 2nd quarter. American Financial Advisors LLC now owns 10,328 shares of the company’s stock worth $1,629,000 after buying an additional 80 shares during the period. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Trading Down 3.0%

NYSEARCA IWN opened at $172.34 on Friday. The stock’s 50-day moving average price is $172.66 and its two-hundred day moving average price is $159.49. The company has a market cap of $11.59 billion, a PE ratio of 14.35 and a beta of 1.15. iShares Russell 2000 Value ETF has a 1 year low of $129.38 and a 1 year high of $183.51.

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.