First Commonwealth Financial Corp PA Has $1.05 Million Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

First Commonwealth Financial Corp PA cut its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 18.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,317 shares of the company’s stock after selling 1,466 shares during the period. First Commonwealth Financial Corp PA’s holdings in iShares Russell 2000 Value ETF were worth $1,054,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Smith Thornton Advisors LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 2nd quarter valued at $491,000. Wealth Alliance bought a new stake in shares of iShares Russell 2000 Value ETF during the second quarter worth about $275,000. Brookstone Capital Management raised its holdings in iShares Russell 2000 Value ETF by 2.1% in the 2nd quarter. Brookstone Capital Management now owns 38,696 shares of the company’s stock valued at $6,534,000 after buying an additional 787 shares during the last quarter. Vanguard Group Inc. increased its position in iShares Russell 2000 Value ETF by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 10,861 shares of the company’s stock valued at $1,725,000 after acquiring an additional 95 shares during the period. Finally, Citizens Financial Group Inc. RI raised its stake in shares of iShares Russell 2000 Value ETF by 19.9% during the second quarter. Citizens Financial Group Inc. RI now owns 4,736 shares of the company’s stock valued at $721,000 after acquiring an additional 786 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Up 1.1 %

IWN traded up $1.92 during midday trading on Wednesday, hitting $181.67. 57,385 shares of the company were exchanged, compared to its average volume of 1,160,153. iShares Russell 2000 Value ETF has a 1-year low of $136.85 and a 1-year high of $183.51. The firm has a market capitalization of $13.90 billion, a P/E ratio of 10.79 and a beta of 1.17. The firm’s 50 day moving average price is $169.33 and its 200-day moving average price is $162.32.

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.