Cornerstone Wealth Management LLC Increases Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Cornerstone Wealth Management LLC boosted its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,010 shares of the company’s stock after acquiring an additional 181 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 reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Financial Perspectives Inc boosted its holdings in shares of iShares Russell 2000 Value ETF by 18.1% during the fourth quarter. Financial Perspectives Inc now owns 391 shares of the company’s stock worth $64,000 after purchasing an additional 60 shares during the period. Strategies Wealth Advisors LLC lifted its holdings in iShares Russell 2000 Value ETF by 1.7% in the 4th quarter. Strategies Wealth Advisors LLC now owns 3,709 shares of the company’s stock worth $622,000 after buying an additional 63 shares during the period. O Shaughnessy Asset Management LLC grew its position in shares of iShares Russell 2000 Value ETF by 1.9% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,598 shares of the company’s stock worth $591,000 after buying an additional 67 shares during the last quarter. Asset Management Group Inc. increased its stake in shares of iShares Russell 2000 Value ETF by 0.5% during the fourth quarter. Asset Management Group Inc. now owns 15,305 shares of the company’s stock valued at $2,513,000 after buying an additional 70 shares during the period. Finally, Glen Eagle Advisors LLC raised its holdings in shares of iShares Russell 2000 Value ETF by 53.3% during the fourth quarter. Glen Eagle Advisors LLC now owns 210 shares of the company’s stock valued at $34,000 after acquiring an additional 73 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Up 0.5%

Shares of IWN stock opened at $153.51 on Thursday. The firm has a market capitalization of $10.70 billion, a price-to-earnings ratio of 13.37 and a beta of 1.08. The stock has a fifty day moving average of $148.71 and a 200 day moving average of $157.38. iShares Russell 2000 Value ETF has a 52 week low of $129.38 and a 52 week high of $183.51.

iShares Russell 2000 Value ETF 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.