iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Purchased by McAdam LLC

McAdam LLC grew its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 34.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,510 shares of the company’s stock after purchasing an additional 2,171 shares during the quarter. McAdam LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,322,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Pflug Koory LLC acquired a new position in iShares Russell 2000 Value ETF during the 3rd quarter valued at about $28,000. Wolverine Asset Management LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at $31,000. Blue Trust Inc. raised its position in shares of iShares Russell 2000 Value ETF by 275.7% during the 4th quarter. Blue Trust Inc. now owns 278 shares of the company’s stock worth $43,000 after buying an additional 204 shares in the last quarter. Sheets Smith Wealth Management bought a new stake in iShares Russell 2000 Value ETF during the third quarter worth approximately $47,000. Finally, DT Investment Partners LLC acquired a new stake in iShares Russell 2000 Value ETF in the fourth quarter worth approximately $48,000.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA:IWN traded up $0.85 during midday trading on Monday, reaching $151.99. The company had a trading volume of 431,188 shares, compared to its average volume of 1,327,902. The company has a fifty day simple moving average of $152.71 and a two-hundred day simple moving average of $146.81. The firm has a market cap of $11.81 billion, a price-to-earnings ratio of 10.45 and a beta of 1.17. iShares Russell 2000 Value ETF has a 1-year low of $124.97 and a 1-year high of $159.81.

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.