GM Advisory Group LLC Invests $202,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

GM Advisory Group LLC bought a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,208 shares of the company’s stock, valued at approximately $202,000.

Other large investors also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC raised its position in shares of iShares Russell 2000 Value ETF by 18,036.2% during the second quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock valued at $1,269,000 after buying an additional 828,944 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its position in shares of iShares Russell 2000 Value ETF by 1,457.3% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 665,455 shares of the company’s stock worth $111,012,000 after acquiring an additional 622,725 shares during the last quarter. Alaska Permanent Fund Corp grew its stake in iShares Russell 2000 Value ETF by 66.4% during the third quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock valued at $236,029,000 after acquiring an additional 564,826 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in iShares Russell 2000 Value ETF in the 2nd quarter valued at $70,720,000. Finally, Bailard Inc. lifted its stake in iShares Russell 2000 Value ETF by 789.1% in the 3rd quarter. Bailard Inc. now owns 506,937 shares of the company’s stock worth $84,567,000 after purchasing an additional 449,917 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Up 1.9 %

IWN opened at $178.55 on Friday. The company has a market capitalization of $13.66 billion, a PE ratio of 10.79 and a beta of 1.17. The firm has a 50-day simple moving average of $168.77 and a two-hundred day simple moving average of $161.90. iShares Russell 2000 Value ETF has a 52 week low of $136.85 and a 52 week high of $181.50.

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.