Mesirow Financial Investment Management Inc. Buys Shares of 2,330 iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Mesirow Financial Investment Management Inc. purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,330 shares of the company’s stock, valued at approximately $389,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. TIAA Trust National Association grew its holdings in iShares Russell 2000 Value ETF by 1.9% during the 2nd quarter. TIAA Trust National Association now owns 2,634,629 shares of the company’s stock worth $398,785,000 after acquiring an additional 49,241 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Russell 2000 Value ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,955,890 shares of the company’s stock worth $297,882,000 after purchasing an additional 7,359 shares in the last quarter. Alaska Permanent Fund Corp grew its stake in iShares Russell 2000 Value ETF by 66.4% in the third quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock worth $236,029,000 after purchasing an additional 564,826 shares in the last quarter. D.A. Davidson & CO. increased its holdings in iShares Russell 2000 Value ETF by 1.7% in the second quarter. D.A. Davidson & CO. now owns 1,034,129 shares of the company’s stock valued at $157,498,000 after buying an additional 17,193 shares during the last quarter. Finally, Strategic Financial Concepts LLC raised its stake in 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 in the last quarter.

iShares Russell 2000 Value ETF Trading Up 1.7 %

Shares of IWN opened at $180.76 on Tuesday. iShares Russell 2000 Value ETF has a 52 week low of $129.68 and a 52 week high of $181.50. The firm has a market cap of $13.83 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. The stock has a 50 day moving average of $166.05 and a 200-day moving average of $160.38.

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.