KMG Fiduciary Partners LLC Buys Shares of 1,234 iShares Russell 2000 Value ETF (NYSEARCA:IWN)

KMG Fiduciary Partners LLC purchased a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,234 shares of the company’s stock, valued at approximately $206,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Smith Thornton Advisors LLC bought a new stake in iShares Russell 2000 Value ETF during the second quarter valued at approximately $491,000. LRI Investments LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the 1st quarter valued at $118,000. Accel Wealth Management purchased a new stake in shares of iShares Russell 2000 Value ETF in the 1st quarter worth $204,000. Wealth Alliance bought a new position in iShares Russell 2000 Value ETF in the 2nd quarter worth $275,000. Finally, Brookstone Capital Management lifted its position in iShares Russell 2000 Value ETF by 2.1% during the second quarter. Brookstone Capital Management now owns 38,696 shares of the company’s stock valued at $6,534,000 after purchasing an additional 787 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA:IWN opened at $170.30 on Friday. The stock has a 50-day simple moving average of $164.42 and a two-hundred day simple moving average of $158.52. iShares Russell 2000 Value ETF has a 52-week low of $124.97 and a 52-week high of $174.83. The firm has a market capitalization of $13.03 billion, a PE ratio of 10.79 and a beta of 1.17.

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.