Money Concepts Capital Corp Invests $1.02 Million in iShares Russell 2000 Value ETF $IWN

Money Concepts Capital Corp purchased a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,379 shares of the company’s stock, valued at approximately $1,020,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Penobscot Investment Management Company Inc. grew its holdings in iShares Russell 2000 Value ETF by 0.6% during the 1st quarter. Penobscot Investment Management Company Inc. now owns 12,412 shares of the company’s stock worth $2,353,000 after acquiring an additional 80 shares in the last quarter. Saxon Interests Inc. lifted its position in shares of iShares Russell 2000 Value ETF by 262.0% in the 1st quarter. Saxon Interests Inc. now owns 4,818 shares of the company’s stock worth $913,000 after purchasing an additional 3,487 shares during the period. Addison Capital Co purchased a new stake in shares of iShares Russell 2000 Value ETF in the 1st quarter worth approximately $1,959,000. Clearwave Capital LLC boosted its stake in shares of iShares Russell 2000 Value ETF by 4.9% during the first quarter. Clearwave Capital LLC now owns 1,426 shares of the company’s stock valued at $270,000 after purchasing an additional 67 shares in the last quarter. Finally, K2 Financial Inc. bought a new position in shares of iShares Russell 2000 Value ETF during the first quarter valued at approximately $201,000. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Stock Up 0.2%

IWN stock traded up $0.47 during trading on Friday, hitting $219.97. 322,061 shares of the company’s stock traded hands, compared to its average volume of 779,395. The business has a fifty day simple moving average of $214.47 and a two-hundred day simple moving average of $201.43. The firm has a market capitalization of $14.28 billion, a P/E ratio of 14.35 and a beta of 1.01. iShares Russell 2000 Value ETF has a 1 year low of $155.54 and a 1 year high of $223.90.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.