LGT Financial Advisors LLC Reduces Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

LGT Financial Advisors LLC decreased its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 4.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,366 shares of the company’s stock after selling 122 shares during the period. iShares Russell 2000 Value ETF makes up about 1.0% of LGT Financial Advisors LLC’s portfolio, making the stock its 23rd biggest holding. LGT Financial Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $395,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mitchell Sinkler & Starr PA purchased a new position in iShares Russell 2000 Value ETF during the 2nd quarter worth approximately $25,000. Lynx Investment Advisory purchased a new position in shares of iShares Russell 2000 Value ETF during the second quarter worth $26,000. Barrett & Company Inc. raised its holdings in shares of iShares Russell 2000 Value ETF by 67.4% during the third quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after purchasing an additional 64 shares during the last quarter. Richardson Financial Services Inc. lifted its position in iShares Russell 2000 Value ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock valued at $30,000 after purchasing an additional 95 shares during the period. Finally, Optimum Investment Advisors grew its position in iShares Russell 2000 Value ETF by 375.0% during the 3rd quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock worth $32,000 after purchasing an additional 150 shares during the period.

iShares Russell 2000 Value ETF Stock Up 6.2 %

Shares of IWN opened at $178.67 on Thursday. The company has a market capitalization of $13.67 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 52 week low of $129.30 and a 52 week high of $179.09. The stock’s 50-day moving average price is $165.65 and its 200-day moving average price is $159.95.

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.