Cornerstone Wealth Advisors Inc. Decreases Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Cornerstone Wealth Advisors Inc. trimmed its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 0.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 9,441 shares of the company’s stock after selling 90 shares during the period. iShares Russell 2000 Value ETF makes up 0.4% of Cornerstone Wealth Advisors Inc.’s holdings, making the stock its 24th biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in iShares Russell 2000 Value ETF were worth $1,550,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of IWN. Hoese & Co LLP purchased a new stake in iShares Russell 2000 Value ETF during the 4th quarter worth about $26,000. Barrett & Company Inc. lifted its holdings in iShares Russell 2000 Value ETF by 67.4% during the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after buying an additional 64 shares during the last quarter. Loomis Sayles & Co. L P purchased a new stake in iShares Russell 2000 Value ETF during the 3rd quarter worth about $29,000. Richardson Financial Services Inc. lifted its holdings in iShares Russell 2000 Value ETF by 100.0% during the 3rd 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 last quarter. Finally, Optimum Investment Advisors lifted its holdings in iShares Russell 2000 Value ETF by 375.0% during the 3rd quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock worth $32,000 after buying an additional 150 shares during the last quarter.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA IWN opened at $168.28 on Friday. The company has a market capitalization of $12.87 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. The business has a 50-day moving average of $170.33 and a two-hundred day moving average of $166.91. iShares Russell 2000 Value ETF has a 1 year low of $144.75 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.