Moran Wealth Management LLC Invests $219,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

by · The Cerbat Gem

Moran Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWNFree Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,310 shares of the company’s stock, valued at approximately $219,000.

Other institutional investors have also recently bought and sold shares of the company. Mitchell Sinkler & Starr PA acquired a new stake in shares of iShares Russell 2000 Value ETF in the second quarter valued at approximately $25,000. Lynx Investment Advisory bought a new stake in shares of iShares Russell 2000 Value ETF during the second quarter worth $26,000. Barrett & Company Inc. lifted its stake in shares of iShares Russell 2000 Value ETF by 67.4% during the third quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock valued at $27,000 after acquiring an additional 64 shares during the period. Richardson Financial Services Inc. boosted its holdings in 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 acquiring an additional 95 shares during the last quarter. Finally, Optimum Investment Advisors increased its position in iShares Russell 2000 Value ETF by 375.0% in the third quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock worth $32,000 after purchasing an additional 150 shares during the period.

iShares Russell 2000 Value ETF Trading Up 1.9 %

iShares Russell 2000 Value ETF stock opened at $178.55 on Friday. The company has a market cap of $13.66 billion, a PE ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 1 year low of $136.85 and a 1 year high of $181.50. The company’s 50-day moving average is $168.77 and its two-hundred day moving average is $161.90.

About iShares Russell 2000 Value ETF

(Free Report)

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.

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