LPL Financial LLC Increases Position in iShares Russell 2000 Value ETF $IWN

LPL Financial LLC raised its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 9.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,102,636 shares of the company’s stock after purchasing an additional 92,462 shares during the quarter. LPL Financial LLC’s holdings in iShares Russell 2000 Value ETF were worth $199,809,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vawter Financial Ltd. acquired a new position in iShares Russell 2000 Value ETF during the third quarter worth approximately $2,004,000. American Wealth Advisors LLC acquired a new position in iShares Russell 2000 Value ETF during the third quarter worth approximately $598,000. Confluence Investment Management LLC acquired a new position in iShares Russell 2000 Value ETF during the fourth quarter worth approximately $3,842,000. RPg Family Wealth Advisory LLC acquired a new position in iShares Russell 2000 Value ETF during the third quarter worth approximately $1,672,000. Finally, CIBC Bancorp USA Inc. acquired a new position in iShares Russell 2000 Value ETF during the third quarter worth approximately $9,403,000. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock opened at $212.17 on Wednesday. iShares Russell 2000 Value ETF has a one year low of $152.07 and a one year high of $215.70. The company has a 50 day moving average price of $205.89 and a 200 day moving average price of $195.70. The firm has a market capitalization of $13.71 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02.

iShares Russell 2000 Value ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.