iShares Russell 2000 Value ETF $IWN Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers lessened its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 8.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 250,563 shares of the company’s stock after selling 22,172 shares during the quarter. Cetera Investment Advisers owned approximately 0.39% of iShares Russell 2000 Value ETF worth $47,504,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its stake in shares of iShares Russell 2000 Value ETF by 1,784.5% during the 1st quarter. Hsbc Holdings PLC now owns 859,009 shares of the company’s stock worth $162,860,000 after purchasing an additional 813,425 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Russell 2000 Value ETF by 6.7% during the second quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock worth $1,065,484,000 after buying an additional 422,172 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of iShares Russell 2000 Value ETF by 99.4% in the second quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock valued at $80,186,000 after buying an additional 253,326 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of iShares Russell 2000 Value ETF by 14.7% in the fourth quarter. Wells Fargo & Company MN now owns 1,016,764 shares of the company’s stock valued at $184,248,000 after buying an additional 130,498 shares during the last quarter. Finally, Advisors Preferred LLC lifted its stake in shares of iShares Russell 2000 Value ETF by 189.6% during the fourth quarter. Advisors Preferred LLC now owns 183,323 shares of the company’s stock valued at $33,524,000 after buying an additional 120,027 shares during the period. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $221.42 on Friday. iShares Russell 2000 Value ETF has a 1 year low of $155.54 and a 1 year high of $224.42. The company’s 50 day simple moving average is $216.81 and its 200 day simple moving average is $204.08. The company has a market capitalization of $14.36 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.