Widmann Financial Services Inc. Raises Stock Holdings in iShares Russell 2000 Value ETF $IWN

Widmann Financial Services Inc. boosted its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 5.8% in the first quarter, HoldingsChannel.com reports. The fund owned 4,760 shares of the company’s stock after acquiring an additional 260 shares during the quarter. Widmann Financial Services Inc.’s holdings in iShares Russell 2000 Value ETF were worth $719,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Menard Financial Group LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth about $27,000. Park Square Financial Group LLC purchased a new stake in iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $30,000. Cedar Mountain Advisors LLC increased its holdings in iShares Russell 2000 Value ETF by 138.6% in the 1st quarter. Cedar Mountain Advisors LLC now owns 198 shares of the company’s stock worth $30,000 after buying an additional 115 shares during the period. Avalon Trust Co purchased a new position in iShares Russell 2000 Value ETF during the 1st quarter worth approximately $30,000. Finally, Glen Eagle Advisors LLC raised its position in iShares Russell 2000 Value ETF by 53.3% during the 4th quarter. Glen Eagle Advisors LLC now owns 210 shares of the company’s stock worth $34,000 after buying an additional 73 shares during the last quarter. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

IWN stock opened at $173.50 on Monday. The firm’s fifty day simple moving average is $162.29 and its 200-day simple moving average is $155.42. The company has a market capitalization of $11.69 billion, a P/E ratio of 14.35 and a beta of 1.15. iShares Russell 2000 Value ETF has a 12 month low of $129.38 and a 12 month high of $183.51.

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.