Meridian Financial Partners LLC Invests $205,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Meridian Financial Partners LLC acquired a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,246 shares of the company’s stock, valued at approximately $205,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWN. Barrett & Company Inc. increased its position in shares of iShares Russell 2000 Value ETF by 67.4% in the third quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock valued at $27,000 after buying an additional 64 shares in the last quarter. Loomis Sayles & Co. L P purchased a new position in iShares Russell 2000 Value ETF during the 3rd quarter valued at about $29,000. Richardson Financial Services Inc. raised its position in iShares Russell 2000 Value ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock worth $30,000 after acquiring an additional 95 shares during the last quarter. Optimum Investment Advisors lifted its holdings in shares of iShares Russell 2000 Value ETF by 375.0% in the third quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock valued at $32,000 after purchasing an additional 150 shares in the last quarter. Finally, Pacifica Partners Inc. grew its position in shares of iShares Russell 2000 Value ETF by 177.9% in the third quarter. Pacifica Partners Inc. now owns 214 shares of the company’s stock valued at $36,000 after purchasing an additional 137 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Performance

IWN stock opened at $163.21 on Wednesday. The stock’s 50 day moving average price is $171.73 and its 200 day moving average price is $166.33. The firm has a market cap of $12.49 billion, a P/E ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 1 year low of $144.20 and a 1 year high of $183.51.

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.