Viewpoint Capital Management LLC Raises Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Viewpoint Capital Management LLC boosted its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 12.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,607 shares of the company’s stock after purchasing an additional 4,353 shares during the quarter. iShares Russell 2000 Value ETF makes up approximately 3.7% of Viewpoint Capital Management LLC’s holdings, making the stock its 5th biggest position. Viewpoint Capital Management LLC owned 0.05% of iShares Russell 2000 Value ETF worth $6,589,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Mitchell Sinkler & Starr PA purchased a new position in shares of iShares Russell 2000 Value ETF during the second quarter valued at about $25,000. Lynx Investment Advisory bought a new position in shares of iShares Russell 2000 Value ETF during the 2nd quarter valued at approximately $26,000. Optimum Investment Advisors grew its holdings in shares of iShares Russell 2000 Value ETF by 375.0% in the third quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock valued at $32,000 after purchasing an additional 150 shares in the last quarter. Pacifica Partners Inc. increased its position in iShares Russell 2000 Value ETF by 177.9% in the third quarter. Pacifica Partners Inc. now owns 214 shares of the company’s stock worth $36,000 after purchasing an additional 137 shares during the last quarter. Finally, Clearstead Trust LLC raised its stake in iShares Russell 2000 Value ETF by 75.9% during the first quarter. Clearstead Trust LLC now owns 241 shares of the company’s stock valued at $38,000 after purchasing an additional 104 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA:IWN traded down $1.12 on Friday, reaching $164.67. The company’s stock had a trading volume of 937,514 shares, compared to its average volume of 1,178,526. The company has a 50-day simple moving average of $165.09 and a 200 day simple moving average of $158.81. The company has a market cap of $12.60 billion, a P/E ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 52-week low of $124.97 and a 52-week high of $174.83.

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.