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

Cornerstone Wealth Advisors Inc. reduced its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 4.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 9,531 shares of the company’s stock after selling 425 shares during the quarter. iShares Russell 2000 Value ETF comprises about 0.4% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its 23rd biggest position. Cornerstone Wealth Advisors Inc.’s holdings in iShares Russell 2000 Value ETF were worth $1,590,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smith Thornton Advisors LLC acquired a new position in iShares Russell 2000 Value ETF in the second quarter valued at $491,000. LRI Investments LLC acquired a new position in iShares Russell 2000 Value ETF in the first quarter valued at $118,000. Accel Wealth Management acquired a new position in iShares Russell 2000 Value ETF in the first quarter valued at $204,000. Wealth Alliance acquired a new position in iShares Russell 2000 Value ETF in the second quarter valued at $275,000. Finally, Brookstone Capital Management increased its stake in iShares Russell 2000 Value ETF by 2.1% in 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 during the period.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA IWN opened at $167.49 on Tuesday. The firm has a market cap of $12.81 billion, a PE ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a one year low of $125.44 and a one year high of $174.83. The firm’s fifty day moving average is $165.24 and its two-hundred day moving average is $159.05.

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.