iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Sold by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. lessened its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,441 shares of the company’s stock after selling 90 shares during the quarter. iShares Russell 2000 Value ETF comprises about 0.4% of Cornerstone Wealth Advisors Inc.’s holdings, making the stock its 24th largest holding. Cornerstone Wealth Advisors Inc.’s holdings in iShares Russell 2000 Value ETF were worth $1,550,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Hoese & Co LLP acquired a new stake in iShares Russell 2000 Value ETF during the fourth quarter worth $26,000. Barrett & Company Inc. increased its stake in iShares Russell 2000 Value ETF by 67.4% during the third quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after acquiring an additional 64 shares during the last quarter. Loomis Sayles & Co. L P purchased a new position in shares of iShares Russell 2000 Value ETF during the third quarter worth $29,000. Optimum Investment Advisors boosted its position in shares of iShares Russell 2000 Value ETF by 375.0% during the third quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock worth $32,000 after buying an additional 150 shares during the period. Finally, Richardson Financial Services Inc. boosted its position in shares of 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 buying an additional 95 shares during the period.

iShares Russell 2000 Value ETF Trading Up 0.0 %

NYSEARCA:IWN opened at $168.28 on Friday. The firm has a market cap of $12.87 billion, a PE ratio of 10.79 and a beta of 1.17. The stock has a fifty day moving average price of $170.33 and a 200 day moving average price of $166.91. iShares Russell 2000 Value ETF has a 12-month low of $144.75 and a 12-month high of $183.51.

iShares Russell 2000 Value ETF 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.