Maxele Advisors LLC Buys Shares of 5,132 iShares Russell 2000 Value ETF $IWN

Maxele Advisors LLC purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,132 shares of the company’s stock, valued at approximately $907,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cloud Capital Management LLC purchased a new position in iShares Russell 2000 Value ETF during the 3rd quarter valued at about $45,000. Root Financial Partners LLC purchased a new stake in iShares Russell 2000 Value ETF during the third quarter worth about $53,000. Investment Counsel Co. of Nevada purchased a new stake in iShares Russell 2000 Value ETF during the third quarter worth about $54,000. Cedar Mountain Advisors LLC lifted its position in shares of iShares Russell 2000 Value ETF by 222.7% during the third quarter. Cedar Mountain Advisors LLC now owns 313 shares of the company’s stock worth $55,000 after purchasing an additional 216 shares in the last quarter. Finally, Semmax Financial Advisors Inc. lifted its position in shares of iShares Russell 2000 Value ETF by 73.0% during the second quarter. Semmax Financial Advisors Inc. now owns 391 shares of the company’s stock worth $63,000 after purchasing an additional 165 shares in the last quarter. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA IWN opened at $188.14 on Tuesday. The firm has a market cap of $12.08 billion, a price-to-earnings ratio of 14.35 and a beta of 1.09. The firm has a 50 day simple moving average of $195.46 and a 200-day simple moving average of $184.71. iShares Russell 2000 Value ETF has a one year low of $129.38 and a one year high of $203.01.

iShares Russell 2000 Value ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.