Miracle Mile Advisors LLC Has $1.08 Million Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Miracle Mile Advisors LLC lowered its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 21.8% during the second quarter, Holdings Channel.com reports. The fund owned 7,116 shares of the company’s stock after selling 1,988 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,084,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Triad Wealth Partners LLC acquired a new stake in iShares Russell 2000 Value ETF in the second quarter valued at $38,000. Fiduciary Financial Group LLC bought a new position in iShares Russell 2000 Value ETF during the second quarter worth about $764,000. Westside Investment Management Inc. increased its position in iShares Russell 2000 Value ETF by 43.8% during the second quarter. Westside Investment Management Inc. now owns 805 shares of the company’s stock worth $123,000 after buying an additional 245 shares during the last quarter. FSC Wealth Advisors LLC increased its position in iShares Russell 2000 Value ETF by 131.4% during the second quarter. FSC Wealth Advisors LLC now owns 597 shares of the company’s stock worth $91,000 after buying an additional 339 shares during the last quarter. Finally, Murphy Middleton Hinkle & Parker Inc. raised its stake in iShares Russell 2000 Value ETF by 9.3% in the second quarter. Murphy Middleton Hinkle & Parker Inc. now owns 5,734 shares of the company’s stock valued at $873,000 after buying an additional 490 shares during the period.

iShares Russell 2000 Value ETF Stock Up 0.5 %

Shares of NYSEARCA IWN traded up $0.79 during midday trading on Friday, hitting $161.55. 1,070,655 shares of the company’s stock were exchanged, compared to its average volume of 1,257,160. The firm has a market capitalization of $12.36 billion, a PE 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 $174.83. The company’s 50 day moving average price is $157.39 and its 200 day moving average price is $154.50.

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.