SRS Capital Advisors Inc. Cuts Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

SRS Capital Advisors Inc. cut its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 140,583 shares of the company’s stock after selling 1,720 shares during the quarter. iShares Russell 2000 Value ETF makes up about 2.4% of SRS Capital Advisors Inc.’s investment portfolio, making the stock its 14th largest position. SRS Capital Advisors Inc.’s holdings in iShares Russell 2000 Value ETF were worth $21,837,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Pinnacle Associates Ltd. increased its holdings in iShares Russell 2000 Value ETF by 22.0% during the third quarter. Pinnacle Associates Ltd. now owns 2,941 shares of the company’s stock valued at $399,000 after buying an additional 530 shares during the period. Dakota Wealth Management purchased a new stake in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth $213,000. Raymond James Financial Services Advisors Inc. lifted its stake in shares of iShares Russell 2000 Value ETF by 1.3% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 251,452 shares of the company’s stock worth $34,084,000 after purchasing an additional 3,275 shares during the last quarter. Stratos Wealth Partners LTD. boosted its position in iShares Russell 2000 Value ETF by 18.8% during the third quarter. Stratos Wealth Partners LTD. now owns 8,057 shares of the company’s stock valued at $1,092,000 after purchasing an additional 1,274 shares in the last quarter. Finally, Stratos Wealth Advisors LLC grew its stake in iShares Russell 2000 Value ETF by 709.6% in the third quarter. Stratos Wealth Advisors LLC now owns 16,039 shares of the company’s stock valued at $2,174,000 after purchasing an additional 14,058 shares during the last quarter.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN stock traded up $2.63 during mid-day trading on Thursday, hitting $152.45. 752,445 shares of the stock traded hands, compared to its average volume of 1,328,352. iShares Russell 2000 Value ETF has a 52-week low of $124.97 and a 52-week high of $159.81. The stock has a market cap of $11.85 billion, a P/E ratio of 10.45 and a beta of 1.17. The stock’s fifty day moving average is $152.66 and its two-hundred day moving average is $147.09.

iShares Russell 2000 Value ETF 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.