MML Investors Services LLC Acquires 2,293 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

MML Investors Services LLC boosted its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 8.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,351 shares of the company’s stock after buying an additional 2,293 shares during the quarter. MML Investors Services LLC’s holdings in iShares Russell 2000 Value ETF were worth $4,896,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Smith Thornton Advisors LLC purchased a new position in shares of iShares Russell 2000 Value ETF during the 2nd quarter worth $491,000. Wealth Alliance purchased a new position in iShares Russell 2000 Value ETF during the second quarter valued at $275,000. Brookstone Capital Management lifted its position in iShares Russell 2000 Value ETF by 2.1% during the second quarter. Brookstone Capital Management now owns 38,696 shares of the company’s stock valued at $6,534,000 after purchasing an additional 787 shares in the last quarter. Vanguard Group Inc. grew its holdings in iShares Russell 2000 Value ETF by 0.9% during the first quarter. Vanguard Group Inc. now owns 10,861 shares of the company’s stock valued at $1,725,000 after purchasing an additional 95 shares during the period. Finally, Citizens Financial Group Inc. RI increased its position in iShares Russell 2000 Value ETF by 19.9% in the second quarter. Citizens Financial Group Inc. RI now owns 4,736 shares of the company’s stock worth $721,000 after buying an additional 786 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Down 0.7 %

NYSEARCA IWN opened at $174.21 on Friday. iShares Russell 2000 Value ETF has a 52 week low of $144.20 and a 52 week high of $183.51. The company has a market capitalization of $13.33 billion, a P/E ratio of 10.79 and a beta of 1.17. The stock’s 50-day moving average price is $172.43 and its 200-day moving average price is $164.14.

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.