Pure Financial Advisors LLC Acquires 8,733 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Pure Financial Advisors LLC increased its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 14.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 67,749 shares of the company’s stock after acquiring an additional 8,733 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $11,302,000 at the end of the most recent quarter.

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 $25,000. Barrett & Company Inc. increased its stake 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 valued at $27,000 after buying an additional 64 shares during the period. Lynx Investment Advisory purchased a new position in shares of iShares Russell 2000 Value ETF during the second quarter valued at $26,000. Optimum Investment Advisors raised 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 acquiring an additional 150 shares in the last quarter. Finally, Richardson Financial Services Inc. lifted its stake in iShares Russell 2000 Value ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock worth $30,000 after acquiring an additional 95 shares during the period.

iShares Russell 2000 Value ETF Price Performance

Shares of iShares Russell 2000 Value ETF stock opened at $164.38 on Friday. iShares Russell 2000 Value ETF has a 1 year low of $129.30 and a 1 year high of $174.83. The stock has a market cap of $12.58 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. The firm’s 50-day moving average is $165.40 and its two-hundred day moving average is $159.44.

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.