Addison Capital Co Makes New Investment in iShares Russell 2000 Value ETF $IWN

Addison Capital Co acquired a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the first quarter, Holdings Channel reports. The firm acquired 10,331 shares of the company’s stock, valued at approximately $1,959,000.

Other institutional investors also recently added to or reduced their stakes in the company. Clearwave Capital LLC grew its holdings in iShares Russell 2000 Value ETF by 4.9% in the first quarter. Clearwave Capital LLC now owns 1,426 shares of the company’s stock worth $270,000 after purchasing an additional 67 shares during the last quarter. K2 Financial Inc. purchased a new position in iShares Russell 2000 Value ETF during the 1st quarter worth $201,000. Bogart Wealth LLC increased its position in iShares Russell 2000 Value ETF by 219.3% during the 1st quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock valued at $35,000 after buying an additional 125 shares in the last quarter. Stephens Inc. AR boosted its holdings in iShares Russell 2000 Value ETF by 11.0% in the first quarter. Stephens Inc. AR now owns 59,173 shares of the company’s stock worth $11,219,000 after acquiring an additional 5,879 shares in the last quarter. Finally, Hillcrest Wealth Advisors NY LLC grew its stake in shares of iShares Russell 2000 Value ETF by 0.4% during the first quarter. Hillcrest Wealth Advisors NY LLC now owns 70,605 shares of the company’s stock worth $13,386,000 after acquiring an additional 275 shares during the last quarter. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Down 0.7%

IWN opened at $220.18 on Wednesday. iShares Russell 2000 Value ETF has a 52-week low of $155.54 and a 52-week high of $223.90. The company has a market cap of $14.36 billion, a P/E ratio of 14.35 and a beta of 1.01. The firm’s 50-day moving average price is $213.70 and its 200-day moving average price is $200.82.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.