JMG Financial Group Ltd. Takes Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

JMG Financial Group Ltd. purchased a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the third quarter, Holdings Channel.com reports. The firm purchased 3,983 shares of the company’s stock, valued at approximately $664,000.

Other institutional investors have also recently bought and sold shares of the company. Smith Thornton Advisors LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the second quarter worth approximately $491,000. LRI Investments LLC purchased a new position in iShares Russell 2000 Value ETF during the 1st quarter worth approximately $118,000. Accel Wealth Management acquired a new stake in iShares Russell 2000 Value ETF during the 1st quarter valued at $204,000. Wealth Alliance purchased a new stake in shares of iShares Russell 2000 Value ETF in the second quarter valued at $275,000. Finally, Brookstone Capital Management boosted its position in shares of iShares Russell 2000 Value ETF by 2.1% in the second quarter. Brookstone Capital Management now owns 38,696 shares of the company’s stock worth $6,534,000 after buying an additional 787 shares during the period.

iShares Russell 2000 Value ETF Trading Down 0.6 %

NYSEARCA:IWN opened at $165.31 on Thursday. The business’s fifty day moving average price is $164.99 and its 200 day moving average price is $158.76. The firm has a market capitalization of $12.65 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 1-year low of $124.97 and a 1-year high of $174.83.

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.