LGT Financial Advisors LLC Decreases Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

LGT Financial Advisors LLC trimmed its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 4.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 2,366 shares of the company’s stock after selling 122 shares during the quarter. iShares Russell 2000 Value ETF makes up 1.0% of LGT Financial Advisors LLC’s holdings, making the stock its 23rd biggest holding. LGT Financial Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $395,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Mitchell Sinkler & Starr PA purchased a new stake in iShares Russell 2000 Value ETF during the 2nd quarter valued at about $25,000. Barrett & Company Inc. boosted its holdings in shares of iShares Russell 2000 Value ETF by 67.4% during the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after purchasing an additional 64 shares during the last quarter. Lynx Investment Advisory acquired a new position in shares of iShares Russell 2000 Value ETF during the 2nd quarter worth approximately $26,000. Optimum Investment Advisors grew its position in shares of iShares Russell 2000 Value ETF by 375.0% in the third quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock valued at $32,000 after purchasing an additional 150 shares in the last quarter. Finally, Richardson Financial Services Inc. increased its holdings in shares of iShares Russell 2000 Value ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock valued at $30,000 after purchasing an additional 95 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Up 6.2 %

Shares of NYSEARCA:IWN opened at $178.67 on Thursday. iShares Russell 2000 Value ETF has a 52-week low of $129.30 and a 52-week high of $179.09. The stock has a market cap of $13.67 billion, a P/E ratio of 10.79 and a beta of 1.17. The business has a fifty day moving average of $165.65 and a two-hundred day moving average of $159.95.

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.