Connable Office Inc. Makes New Investment in iShares Russell 2000 Value ETF $IWN

Connable Office Inc. purchased a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 21,413 shares of the company’s stock, valued at approximately $3,786,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Gladstone Institutional Advisory LLC grew its holdings in shares of iShares Russell 2000 Value ETF by 1.6% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 3,761 shares of the company’s stock worth $665,000 after acquiring an additional 61 shares during the last quarter. Cornerstone Wealth Management LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 0.8% in the third quarter. Cornerstone Wealth Management LLC now owns 8,063 shares of the company’s stock worth $1,426,000 after buying an additional 61 shares during the period. Eukles Asset Management boosted its holdings in shares of iShares Russell 2000 Value ETF by 0.9% in the third quarter. Eukles Asset Management now owns 7,033 shares of the company’s stock worth $1,243,000 after buying an additional 61 shares during the period. Fidelis Capital Partners LLC increased its position in shares of iShares Russell 2000 Value ETF by 0.7% in the third quarter. Fidelis Capital Partners LLC now owns 9,321 shares of the company’s stock worth $1,648,000 after acquiring an additional 62 shares in the last quarter. Finally, Magnus Financial Group LLC raised its holdings in shares of iShares Russell 2000 Value ETF by 1.6% during the third quarter. Magnus Financial Group LLC now owns 4,185 shares of the company’s stock valued at $740,000 after acquiring an additional 66 shares during the period. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA:IWN opened at $200.55 on Thursday. The firm has a 50 day simple moving average of $190.28 and a 200 day simple moving average of $179.73. iShares Russell 2000 Value ETF has a 52 week low of $129.38 and a 52 week high of $203.01. The company has a market cap of $12.88 billion, a PE ratio of 14.35 and a beta of 1.09.

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.