LPL Financial LLC Grows Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

LPL Financial LLC lifted its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 23.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,013,108 shares of the company’s stock after buying an additional 192,439 shares during the quarter. LPL Financial LLC’s holdings in iShares Russell 2000 Value ETF were worth $169,007,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Mitchell Sinkler & Starr PA purchased a new stake in iShares Russell 2000 Value ETF during the second quarter worth about $25,000. Lynx Investment Advisory acquired a new stake in iShares Russell 2000 Value ETF during the 2nd quarter worth approximately $26,000. Barrett & Company Inc. boosted 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 buying an additional 64 shares during the period. Richardson Financial Services Inc. grew its stake 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 worth $30,000 after acquiring an additional 95 shares in the last quarter. Finally, Optimum Investment Advisors increased its position in shares of iShares Russell 2000 Value ETF by 375.0% during the third quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock worth $32,000 after acquiring an additional 150 shares during the period.

iShares Russell 2000 Value ETF Trading Up 1.4 %

Shares of NYSEARCA IWN opened at $175.26 on Friday. iShares Russell 2000 Value ETF has a 12-month low of $136.85 and a 12-month high of $181.50. The stock has a market cap of $13.41 billion, a P/E ratio of 10.79 and a beta of 1.17. The business’s fifty day simple moving average is $168.50 and its 200-day simple moving average is $161.74.

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.