WESPAC Advisors LLC Makes New Investment in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

WESPAC Advisors LLC purchased a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 1,289 shares of the company’s stock, valued at approximately $212,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Starboard Value LP grew its position in iShares Russell 2000 Value ETF by 5.9% in the third quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock worth $226,041,000 after buying an additional 75,000 shares during the last quarter. PNC Financial Services Group Inc. grew its position in iShares Russell 2000 Value ETF by 0.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,199,444 shares of the company’s stock worth $200,091,000 after buying an additional 6,684 shares during the last quarter. M&T Bank Corp grew its position in iShares Russell 2000 Value ETF by 20.6% in the third quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock worth $192,560,000 after buying an additional 196,988 shares during the last quarter. D.A. Davidson & CO. grew its position in iShares Russell 2000 Value ETF by 2.9% in the fourth quarter. D.A. Davidson & CO. now owns 1,080,253 shares of the company’s stock worth $177,345,000 after buying an additional 30,257 shares during the last quarter. Finally, LPL Financial LLC grew its position in iShares Russell 2000 Value ETF by 23.4% in the third quarter. LPL Financial LLC now owns 1,013,108 shares of the company’s stock worth $169,007,000 after buying an additional 192,439 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Performance

iShares Russell 2000 Value ETF stock opened at $162.23 on Monday. iShares Russell 2000 Value ETF has a 1 year low of $145.71 and a 1 year high of $183.51. The firm has a market cap of $11.92 billion, a price-to-earnings ratio of 14.54 and a beta of 1.17. The firm’s 50 day moving average price is $166.21 and its two-hundred day moving average price is $167.61.

iShares Russell 2000 Value ETF Company 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.