Pointe Capital Management LLC Acquires 1,424 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Pointe Capital Management LLC raised its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 46.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,499 shares of the company’s stock after purchasing an additional 1,424 shares during the quarter. Pointe Capital Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $714,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IWN. Atlas Brown Inc. grew its position in iShares Russell 2000 Value ETF by 0.3% during the 1st quarter. Atlas Brown Inc. now owns 20,856 shares of the company’s stock worth $3,312,000 after purchasing an additional 66 shares during the last quarter. Hirtle Callaghan & Co LLC boosted its holdings in iShares Russell 2000 Value ETF by 1.4% in the fourth quarter. Hirtle Callaghan & Co LLC now owns 5,074 shares of the company’s stock valued at $788,000 after purchasing an additional 69 shares during the last quarter. Transform Wealth LLC raised its stake in shares of iShares Russell 2000 Value ETF by 1.6% during the 1st quarter. Transform Wealth LLC now owns 4,409 shares of the company’s stock valued at $700,000 after buying an additional 70 shares during the last quarter. Culbertson A N & Co. Inc. boosted its position in iShares Russell 2000 Value ETF by 1.7% in the 1st quarter. Culbertson A N & Co. Inc. now owns 4,966 shares of the company’s stock worth $789,000 after purchasing an additional 85 shares in the last quarter. Finally, Skyline Advisors Inc. boosted its holdings in iShares Russell 2000 Value ETF by 4.6% during the first quarter. Skyline Advisors Inc. now owns 1,977 shares of the company’s stock worth $314,000 after buying an additional 87 shares in the last quarter.

iShares Russell 2000 Value ETF Price Performance

IWN stock traded up $2.90 during mid-day trading on Monday, reaching $162.86. 1,143,092 shares of the company’s stock were exchanged, compared to its average volume of 1,227,119. The company has a market cap of $12.46 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 12-month low of $124.97 and a 12-month high of $163.93. The stock’s 50 day moving average is $153.71 and its 200 day moving average is $152.40.

About iShares Russell 2000 Value ETF

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.