American Wealth Advisors LLC Buys Shares of 3,381 iShares Russell 2000 Value ETF $IWN

American Wealth Advisors LLC bought a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 3,381 shares of the company’s stock, valued at approximately $598,000. iShares Russell 2000 Value ETF accounts for 0.6% of American Wealth Advisors LLC’s holdings, making the stock its 20th biggest holding.

Several other institutional investors have also recently made changes to their positions in the company. First Horizon Corp bought a new stake in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at about $9,463,000. Assetmark Inc. lifted its position in iShares Russell 2000 Value ETF by 32.0% during the second quarter. Assetmark Inc. now owns 3,547 shares of the company’s stock valued at $560,000 after acquiring an additional 859 shares during the last quarter. CW Advisors LLC lifted its position in iShares Russell 2000 Value ETF by 55.1% during the second quarter. CW Advisors LLC now owns 60,935 shares of the company’s stock valued at $9,613,000 after acquiring an additional 21,648 shares during the last quarter. Cresset Asset Management LLC boosted its stake in iShares Russell 2000 Value ETF by 18.3% in the second quarter. Cresset Asset Management LLC now owns 50,027 shares of the company’s stock valued at $7,892,000 after acquiring an additional 7,749 shares in the last quarter. Finally, American Trust purchased a new position in iShares Russell 2000 Value ETF in the second quarter worth $462,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Up 1.0%

Shares of IWN stock opened at $198.11 on Thursday. The business’s fifty day simple moving average is $194.40 and its 200-day simple moving average is $183.52. The company has a market cap of $12.72 billion, a PE ratio of 14.35 and a beta of 1.09. iShares Russell 2000 Value ETF has a 12-month low of $129.38 and a 12-month 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.