Cornerstone Wealth Management LLC Sells 79 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Cornerstone Wealth Management LLC trimmed its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,612 shares of the company’s stock after selling 79 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,209,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. M&T Bank Corp boosted its position in shares of iShares Russell 2000 Value ETF by 60.3% during the fourth quarter. M&T Bank Corp now owns 734,755 shares of the company’s stock valued at $114,129,000 after buying an additional 276,387 shares during the last quarter. Pathstone Holdings LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter worth approximately $37,966,000. Pacific Life Fund Advisors LLC purchased a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $35,930,000. Advisors Preferred LLC bought a new position in iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $35,517,000. Finally, Waldron Private Wealth LLC boosted its holdings in iShares Russell 2000 Value ETF by 118.1% in the fourth quarter. Waldron Private Wealth LLC now owns 284,145 shares of the company’s stock worth $44,136,000 after purchasing an additional 153,876 shares during the last quarter.

iShares Russell 2000 Value ETF Trading Down 0.0 %

NYSEARCA:IWN opened at $151.46 on Friday. The company has a 50 day simple moving average of $153.27 and a two-hundred day simple moving average of $152.49. The company has a market cap of $11.59 billion, a PE ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 12 month low of $124.97 and a 12 month high of $159.85.

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.