Pettinga Financial Advisors LLC Sells 369 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Pettinga Financial Advisors LLC reduced its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 5.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,704 shares of the company’s stock after selling 369 shares during the period. Pettinga Financial Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,118,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Mitchell Sinkler & Starr PA bought a new position in iShares Russell 2000 Value ETF during the second quarter worth about $25,000. Lynx Investment Advisory bought a new position in iShares Russell 2000 Value ETF during the 2nd quarter worth approximately $26,000. Optimum Investment Advisors grew its holdings in iShares Russell 2000 Value ETF by 375.0% during 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 during the period. Pacifica Partners Inc. increased its stake 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 valued at $36,000 after purchasing an additional 137 shares in the last quarter. Finally, Clearstead Trust LLC raised its holdings in iShares Russell 2000 Value ETF by 75.9% in the first quarter. Clearstead Trust LLC now owns 241 shares of the company’s stock worth $38,000 after purchasing an additional 104 shares during the period.

iShares Russell 2000 Value ETF Stock Down 0.7 %

Shares of NYSEARCA IWN opened at $164.69 on Friday. iShares Russell 2000 Value ETF has a twelve month low of $124.97 and a twelve month high of $174.83. The company’s fifty day moving average is $165.09 and its 200-day moving average is $158.81. The stock has a market cap of $12.60 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17.

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.