Goodwin Investment Advisory Grows Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Goodwin Investment Advisory raised its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 118.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,064 shares of the company’s stock after acquiring an additional 3,291 shares during the quarter. iShares Russell 2000 Value ETF accounts for about 0.5% of Goodwin Investment Advisory’s investment portfolio, making the stock its 18th largest holding. Goodwin Investment Advisory’s holdings in iShares Russell 2000 Value ETF were worth $942,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Chartwell Investment Partners LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the third quarter worth about $686,000. Financial Management Professionals Inc. increased its holdings in iShares Russell 2000 Value ETF by 2,608.7% during the 4th quarter. Financial Management Professionals Inc. now owns 623 shares of the company’s stock worth $97,000 after purchasing an additional 600 shares during the last quarter. Summit Financial LLC raised its position in shares of iShares Russell 2000 Value ETF by 6.1% in the 3rd quarter. Summit Financial LLC now owns 9,696 shares of the company’s stock valued at $1,323,000 after purchasing an additional 555 shares in the last quarter. Clearstead Advisors LLC boosted its stake in shares of iShares Russell 2000 Value ETF by 8.3% during the 3rd quarter. Clearstead Advisors LLC now owns 10,144 shares of the company’s stock valued at $1,375,000 after buying an additional 778 shares during the last quarter. Finally, Toronto Dominion Bank grew its position in shares of iShares Russell 2000 Value ETF by 8.6% during the third quarter. Toronto Dominion Bank now owns 2,825 shares of the company’s stock worth $383,000 after buying an additional 224 shares in the last quarter.

iShares Russell 2000 Value ETF Trading Down 0.9 %

NYSEARCA IWN traded down $1.26 during trading hours on Wednesday, reaching $146.04. 1,163,393 shares of the company traded hands, compared to its average volume of 1,329,389. The stock has a market capitalization of $11.52 billion, a PE ratio of 10.81 and a beta of 1.18. iShares Russell 2000 Value ETF has a 12 month low of $124.97 and a 12 month high of $159.81. The company has a 50 day moving average of $152.87 and a two-hundred day moving average of $145.87.

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.