Anchor Investment Management LLC Has $188,000 Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Anchor Investment Management LLC lifted its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 6.3% during the 2nd quarter, Holdings Channel reports. The firm owned 1,234 shares of the company’s stock after acquiring an additional 73 shares during the period. Anchor Investment Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $188,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Smith Thornton Advisors LLC bought a new position in iShares Russell 2000 Value ETF during the second quarter worth about $491,000. LRI Investments LLC bought a new position in iShares Russell 2000 Value ETF during the 1st quarter worth approximately $118,000. Accel Wealth Management acquired a new position in iShares Russell 2000 Value ETF during the first quarter valued at approximately $204,000. Wealth Alliance bought a new stake in iShares Russell 2000 Value ETF in the second quarter valued at approximately $275,000. Finally, Brookstone Capital Management raised its holdings in iShares Russell 2000 Value ETF by 2.1% in the second quarter. Brookstone Capital Management now owns 38,696 shares of the company’s stock worth $6,534,000 after purchasing an additional 787 shares during the period.

iShares Russell 2000 Value ETF Stock Up 1.3 %

Shares of IWN stock opened at $165.05 on Friday. iShares Russell 2000 Value ETF has a 12-month low of $124.97 and a 12-month high of $174.83. The firm has a fifty day moving average of $163.42 and a 200-day moving average of $157.75. The firm has a market capitalization of $12.63 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17.

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.