Moran Wealth Management LLC Takes $219,000 Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Moran Wealth Management LLC acquired a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,310 shares of the company’s stock, valued at approximately $219,000.

A number of other institutional investors have also recently bought and sold shares of IWN. Strategic Financial Concepts LLC increased its holdings in shares of iShares Russell 2000 Value ETF by 18,036.2% in the second quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock worth $1,269,000 after acquiring an additional 828,944 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in iShares Russell 2000 Value ETF by 1,457.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 665,455 shares of the company’s stock worth $111,012,000 after purchasing an additional 622,725 shares in the last quarter. Alaska Permanent Fund Corp raised its holdings in iShares Russell 2000 Value ETF by 66.4% during the 3rd quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock worth $236,029,000 after buying an additional 564,826 shares during the period. The Manufacturers Life Insurance Company bought a new position in iShares Russell 2000 Value ETF in the second quarter valued at approximately $70,720,000. Finally, Bailard Inc. boosted its holdings in shares of iShares Russell 2000 Value ETF by 789.1% in the third quarter. Bailard Inc. now owns 506,937 shares of the company’s stock valued at $84,567,000 after buying an additional 449,917 shares during the period.

iShares Russell 2000 Value ETF Stock Up 1.9 %

Shares of NYSEARCA:IWN opened at $178.55 on Friday. The firm has a market cap of $13.66 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 12 month low of $136.85 and a 12 month high of $181.50. The company’s fifty day simple moving average is $168.77 and its 200 day simple moving average is $161.90.

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.