Tobias Financial Advisors Inc. Sells 238 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Tobias Financial Advisors Inc. cut its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,608 shares of the company’s stock after selling 238 shares during the period. Tobias Financial Advisors Inc.’s holdings in iShares Russell 2000 Value ETF were worth $3,104,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IWN. Smith Thornton Advisors LLC acquired a new stake in iShares Russell 2000 Value ETF during the second quarter worth approximately $491,000. LRI Investments LLC acquired a new stake in shares of iShares Russell 2000 Value ETF during the 1st quarter worth approximately $118,000. Wealth Alliance bought a new stake in shares of iShares Russell 2000 Value ETF in the 2nd quarter valued at $275,000. Brookstone Capital Management lifted its position in shares of iShares Russell 2000 Value ETF by 2.1% during the 2nd quarter. Brookstone Capital Management now owns 38,696 shares of the company’s stock valued at $6,534,000 after acquiring an additional 787 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of iShares Russell 2000 Value ETF by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 10,861 shares of the company’s stock valued at $1,725,000 after acquiring an additional 95 shares during the period.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN opened at $168.18 on Wednesday. The stock has a 50-day moving average of $165.39 and a 200-day moving average of $159.82. The company has a market cap of $12.87 billion, a PE ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a one year low of $129.30 and a one year high of $174.83.

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.