Miracle Mile Advisors LLC Has $638,000 Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Miracle Mile Advisors LLC trimmed its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 6.1% in the first quarter, HoldingsChannel reports. The firm owned 4,223 shares of the company’s stock after selling 273 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $638,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IWN. Balyasny Asset Management L.P. bought a new position in iShares Russell 2000 Value ETF in the 4th quarter valued at $527,000. Assetmark Inc. boosted its position in iShares Russell 2000 Value ETF by 13.6% in the 4th quarter. Assetmark Inc. now owns 60,373 shares of the company’s stock valued at $9,911,000 after buying an additional 7,211 shares during the last quarter. Mesirow Financial Investment Management Inc. boosted its position in iShares Russell 2000 Value ETF by 9.8% in the 4th quarter. Mesirow Financial Investment Management Inc. now owns 2,558 shares of the company’s stock valued at $420,000 after buying an additional 228 shares during the last quarter. Crestwood Advisors Group LLC boosted its position in iShares Russell 2000 Value ETF by 20.5% in the 4th quarter. Crestwood Advisors Group LLC now owns 2,055 shares of the company’s stock valued at $337,000 after buying an additional 350 shares during the last quarter. Finally, SSI Investment Management LLC boosted its position in iShares Russell 2000 Value ETF by 116.0% in the 4th quarter. SSI Investment Management LLC now owns 53,526 shares of the company’s stock valued at $8,787,000 after buying an additional 28,751 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $157.32 on Wednesday. The firm has a market capitalization of $11.22 billion, a price-to-earnings ratio of 13.37 and a beta of 1.09. The business’s fifty day moving average price is $146.56 and its two-hundred day moving average price is $158.30. iShares Russell 2000 Value ETF has a 52 week low of $129.38 and a 52 week 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.