Sonata Capital Group Inc. Cuts Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Sonata Capital Group Inc. lowered its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 5.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,679 shares of the company’s stock after selling 3,481 shares during the period. iShares Russell 2000 Value ETF comprises about 4.6% of Sonata Capital Group Inc.’s portfolio, making the stock its 5th largest holding. Sonata Capital Group Inc.’s holdings in iShares Russell 2000 Value ETF were worth $10,957,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWN. Confluence Investment Management LLC bought a new stake in iShares Russell 2000 Value ETF during the third quarter worth about $529,000. Cozad Asset Management Inc. grew its stake in iShares Russell 2000 Value ETF by 4.8% in the third quarter. Cozad Asset Management Inc. now owns 8,267 shares of the company’s stock valued at $1,379,000 after purchasing an additional 382 shares in the last quarter. WoodTrust Financial Corp increased its position in shares of iShares Russell 2000 Value ETF by 4.4% during the 3rd quarter. WoodTrust Financial Corp now owns 155,312 shares of the company’s stock worth $25,909,000 after purchasing an additional 6,553 shares during the last quarter. Advisor Resource Council bought a new stake in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth approximately $328,000. Finally, 1834 Investment Advisors Co. boosted its holdings in shares of iShares Russell 2000 Value ETF by 17.2% in the 3rd quarter. 1834 Investment Advisors Co. now owns 1,566 shares of the company’s stock valued at $261,000 after buying an additional 230 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Performance

IWN traded up $0.98 during trading on Friday, reaching $177.78. 254,498 shares of the stock were exchanged, compared to its average volume of 1,176,628. The stock has a market cap of $13.60 billion, a P/E ratio of 10.79 and a beta of 1.17. The stock’s 50 day moving average price is $165.65 and its two-hundred day moving average price is $159.95. iShares Russell 2000 Value ETF has a twelve month low of $129.30 and a twelve month high of $179.09.

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.