Evanson Financial LLC Buys New Shares in iShares Russell 2000 Value ETF $IWN

Evanson Financial LLC bought a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 6,061 shares of the company’s stock, valued at approximately $1,341,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Balefire LLC purchased a new position in iShares Russell 2000 Value ETF during the second quarter valued at $315,000. Canandaigua National Bank & Trust Co. purchased a new stake in iShares Russell 2000 Value ETF in the 2nd quarter worth $641,000. Cedar Mountain Advisors LLC lifted its stake in iShares Russell 2000 Value ETF by 375.3% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 1,754 shares of the company’s stock worth $388,000 after purchasing an additional 1,385 shares in the last quarter. Eastern Bank bought a new position in shares of iShares Russell 2000 Value ETF during the 2nd quarter valued at about $90,000. Finally, Parallel Advisors LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 2.1% during the 1st quarter. Parallel Advisors LLC now owns 12,091 shares of the company’s stock valued at $2,293,000 after purchasing an additional 254 shares during the last quarter. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Up 0.8%

Shares of IWN stock opened at $225.52 on Friday. iShares Russell 2000 Value ETF has a 12-month low of $160.39 and a 12-month high of $227.31. The stock’s 50-day moving average price is $219.34 and its 200-day moving average price is $206.36. The stock has a market capitalization of $14.58 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02.

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