American Financial Advisors LLC Has $1.75 Million Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

American Financial Advisors LLC lessened its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 3.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,497 shares of the company’s stock after selling 405 shares during the period. American Financial Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,751,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in IWN. Mitchell Sinkler & Starr PA purchased a new position in iShares Russell 2000 Value ETF during the second quarter worth about $25,000. Lynx Investment Advisory bought a new position in iShares Russell 2000 Value ETF during the second quarter valued at about $26,000. Barrett & Company Inc. increased its holdings in iShares Russell 2000 Value ETF by 67.4% during the third quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after buying an additional 64 shares during the last quarter. Richardson Financial Services Inc. raised its position 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 worth $30,000 after acquiring an additional 95 shares during the period. Finally, Optimum Investment Advisors boosted its stake 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 valued at $32,000 after acquiring an additional 150 shares during the last quarter.

iShares Russell 2000 Value ETF Trading Down 0.8 %

Shares of IWN stock traded down $1.35 during trading hours on Tuesday, hitting $166.14. 943,791 shares of the company were exchanged, compared to its average volume of 1,173,519. The stock has a market capitalization of $12.71 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. The firm has a fifty day simple moving average of $165.24 and a 200 day simple moving average of $159.05. iShares Russell 2000 Value ETF has a 52-week low of $125.44 and a 52-week high of $174.83.

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.