Finley Financial LLC Takes Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Finley Financial LLC purchased a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 4th quarter, Holdings Channel reports. The fund purchased 16,605 shares of the company’s stock, valued at approximately $2,763,000. iShares Russell 2000 Value ETF accounts for about 1.4% of Finley Financial LLC’s investment portfolio, making the stock its 16th biggest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWN. Hoese & Co LLP purchased a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at about $26,000. Barrett & Company Inc. grew its stake 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 acquiring an additional 64 shares during the period. Loomis Sayles & Co. L P bought a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter valued at approximately $29,000. Richardson Financial Services Inc. grew its stake in shares of iShares Russell 2000 Value ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock valued at $30,000 after acquiring an additional 95 shares during the period. Finally, Optimum Investment Advisors grew its stake in shares of iShares Russell 2000 Value ETF by 375.0% during the 3rd quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock valued at $32,000 after acquiring an additional 150 shares during the period.

iShares Russell 2000 Value ETF Trading Up 1.5 %

Shares of NYSEARCA:IWN opened at $169.40 on Wednesday. The stock has a 50 day moving average of $170.62 and a 200 day moving average of $166.89. The company has a market cap of $12.96 billion, a PE ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 12-month low of $144.75 and a 12-month high of $183.51.

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.