American Financial Advisors LLC Sells 405 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

American Financial Advisors LLC reduced its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 3.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 10,497 shares of the company’s stock after selling 405 shares during the quarter. American Financial Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,751,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mitchell Sinkler & Starr PA purchased a new stake in shares of iShares Russell 2000 Value ETF during the second quarter worth $25,000. Lynx Investment Advisory purchased a new position in shares of iShares Russell 2000 Value ETF in the second quarter valued at $26,000. Barrett & Company Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 67.4% during the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock valued at $27,000 after purchasing an additional 64 shares during the period. Richardson Financial Services Inc. lifted its holdings in iShares Russell 2000 Value ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock worth $30,000 after purchasing an additional 95 shares in the last quarter. Finally, Optimum Investment Advisors lifted its holdings 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 in the last quarter.

iShares Russell 2000 Value ETF Price Performance

IWN stock traded down $1.35 during mid-day trading on Tuesday, reaching $166.14. 943,791 shares of the company traded hands, compared to its average volume of 1,173,519. The company has a fifty day moving average price of $165.24 and a 200-day moving average price of $159.05. iShares Russell 2000 Value ETF has a 52-week low of $125.44 and a 52-week high of $174.83. The company has a market capitalization of $12.71 billion, a P/E ratio of 10.79 and a beta of 1.17.

iShares Russell 2000 Value ETF Company 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.