Powell Investment Advisors LLC Acquires 1,728 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Powell Investment Advisors LLC lifted its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 93,477 shares of the company’s stock after buying an additional 1,728 shares during the period. iShares Russell 2000 Value ETF comprises about 7.1% of Powell Investment Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Powell Investment Advisors LLC owned about 0.12% of iShares Russell 2000 Value ETF worth $15,346,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IWN. Crews Bank & Trust acquired a new position in iShares Russell 2000 Value ETF during the fourth quarter worth about $25,000. Hoese & Co LLP acquired a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at approximately $26,000. Barrett & Company Inc. grew its holdings in shares of iShares Russell 2000 Value ETF by 67.4% during the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock valued at $27,000 after purchasing an additional 64 shares during the last quarter. Financial Life Planners acquired a new position in iShares Russell 2000 Value ETF during the 4th quarter worth approximately $26,000. Finally, Loomis Sayles & Co. L P bought a new position in iShares Russell 2000 Value ETF in the 3rd quarter valued at approximately $29,000.

iShares Russell 2000 Value ETF Price Performance

Shares of iShares Russell 2000 Value ETF stock opened at $167.09 on Monday. The company’s 50 day moving average price is $168.33 and its two-hundred day moving average price is $167.42. The firm has a market capitalization of $12.78 billion, a P/E ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a fifty-two week low of $145.65 and a fifty-two week high of $183.51.

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.