Nvest Financial LLC Has $331,000 Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Nvest Financial LLC raised its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 12.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,018 shares of the company’s stock after acquiring an additional 216 shares during the period. Nvest Financial LLC’s holdings in iShares Russell 2000 Value ETF were worth $331,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Hoese & Co LLP bought a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $26,000. Barrett & Company Inc. grew 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 worth $27,000 after purchasing an additional 64 shares during the last quarter. Loomis Sayles & Co. L P bought a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth about $29,000. Optimum Investment Advisors raised 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 valued at $32,000 after buying an additional 150 shares during the last quarter. Finally, Richardson Financial Services Inc. lifted 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 valued at $30,000 after buying an additional 95 shares during the period.

iShares Russell 2000 Value ETF Stock Down 0.4 %

Shares of IWN opened at $167.96 on Wednesday. The stock’s 50-day moving average price is $170.07 and its 200 day moving average price is $167.37. The firm has a market capitalization of $12.85 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 $144.75 and a 12-month high of $183.51.

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.