Pure Financial Advisors LLC Buys 11,314 Shares of iShares Russell 2000 Value ETF $IWN

Pure Financial Advisors LLC increased its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 8.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 141,735 shares of the company’s stock after purchasing an additional 11,314 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $25,684,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Ransom Advisory Ltd purchased a new position in iShares Russell 2000 Value ETF during the fourth quarter worth $26,000. Eagle Bay Advisors LLC bought a new position in iShares Russell 2000 Value ETF during the fourth quarter valued at $37,000. Cloud Capital Management LLC purchased a new stake in shares of iShares Russell 2000 Value ETF in the third quarter valued at $45,000. Root Financial Partners LLC purchased a new stake in shares of iShares Russell 2000 Value ETF in the third quarter valued at $53,000. Finally, Investment Counsel Co. of Nevada bought a new stake in shares of iShares Russell 2000 Value ETF in the 3rd quarter worth about $54,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Up 0.7%

Shares of NYSEARCA:IWN opened at $211.63 on Friday. iShares Russell 2000 Value ETF has a 12 month low of $146.90 and a 12 month high of $213.19. The company has a market capitalization of $13.67 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02. The firm’s 50-day moving average is $196.75 and its 200 day moving average is $190.14.

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