E&G Advisors LP Acquires 350 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

E&G Advisors LP lifted its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 6.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,585 shares of the company’s stock after purchasing an additional 350 shares during the quarter. E&G Advisors LP’s holdings in iShares Russell 2000 Value ETF were worth $917,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWN. Crews Bank & Trust purchased a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at about $25,000. Hoese & Co LLP bought a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at $26,000. Financial Life Planners bought a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at about $26,000. Barrett & Company Inc. increased its stake 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 period. Finally, Loomis Sayles & Co. L P bought a new stake in iShares Russell 2000 Value ETF during the 3rd quarter valued at $29,000.

iShares Russell 2000 Value ETF Price Performance

IWN opened at $165.19 on Tuesday. The business has a 50 day simple moving average of $169.61 and a two-hundred day simple moving average of $167.40. iShares Russell 2000 Value ETF has a one year low of $144.75 and a one year high of $183.51. The firm has a market capitalization of $12.64 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17.

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.