Sequoia Financial Advisors LLC Lowers Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Sequoia Financial Advisors LLC reduced its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 21.7% in the 4th quarter, Holdings Channel reports. The fund owned 5,063 shares of the company’s stock after selling 1,406 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $831,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new stake in iShares Russell 2000 Value ETF in the 4th quarter worth approximately $25,000. Crews Bank & Trust purchased a new stake in iShares Russell 2000 Value ETF in the 4th quarter worth approximately $25,000. Hoese & Co LLP purchased a new stake in iShares Russell 2000 Value ETF in the 4th quarter worth approximately $26,000. Financial Life Planners purchased a new stake in iShares Russell 2000 Value ETF in the 4th quarter worth approximately $26,000. Finally, Loomis Sayles & Co. L P purchased a new stake in iShares Russell 2000 Value ETF in the 3rd quarter worth approximately $29,000.

iShares Russell 2000 Value ETF Stock Performance

IWN stock opened at $152.75 on Monday. The stock has a market capitalization of $11.07 billion, a P/E ratio of 13.92 and a beta of 1.18. iShares Russell 2000 Value ETF has a one year low of $145.71 and a one year high of $183.51. The company has a 50 day moving average price of $163.36 and a two-hundred day moving average price of $167.03.

iShares Russell 2000 Value ETF Company 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.