McAdam LLC Has $1.49 Million Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

McAdam LLC boosted its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,044 shares of the company’s stock after purchasing an additional 363 shares during the period. McAdam LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,485,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Crews Bank & Trust bought a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $25,000. Hoese & Co LLP bought a new stake in iShares Russell 2000 Value ETF during the 4th quarter worth about $26,000. Barrett & Company Inc. increased its position in iShares Russell 2000 Value ETF by 67.4% in the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock valued at $27,000 after acquiring an additional 64 shares in the last quarter. Loomis Sayles & Co. L P bought a new position in shares of iShares Russell 2000 Value ETF in the third quarter worth about $29,000. Finally, Richardson Financial Services Inc. raised its position in iShares Russell 2000 Value ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock worth $30,000 after purchasing an additional 95 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Down 0.9 %

Shares of IWN opened at $167.47 on Friday. The stock’s fifty day simple moving average is $169.61 and its 200-day simple moving average is $167.41. The firm has a market capitalization of $12.81 billion, a PE ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 12-month low of $144.75 and a 12-month 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.