Sequoia Financial Advisors LLC Has $2.51 Million Position in iShares Russell 2000 Value ETF $IWN

Sequoia Financial Advisors LLC boosted its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 158.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,871 shares of the company’s stock after buying an additional 8,497 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $2,514,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWN. TIAA Trust National Association lifted its holdings in iShares Russell 2000 Value ETF by 62.5% during the 3rd quarter. TIAA Trust National Association now owns 4,343,822 shares of the company’s stock worth $767,246,000 after buying an additional 1,671,191 shares during the period. Bank of America Corp DE lifted its holdings in iShares Russell 2000 Value ETF by 6.7% during the 2nd 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 during the period. BNP Paribas Financial Markets lifted its holdings in iShares Russell 2000 Value ETF by 99.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock worth $80,186,000 after buying an additional 253,326 shares during the period. Advisors Preferred LLC lifted its holdings in iShares Russell 2000 Value ETF by 189.6% during the 4th quarter. Advisors Preferred LLC now owns 183,323 shares of the company’s stock worth $33,524,000 after buying an additional 120,027 shares during the period. Finally, Two Sigma Investments LP lifted its holdings in iShares Russell 2000 Value ETF by 7,566.7% during the 3rd quarter. Two Sigma Investments LP now owns 115,000 shares of the company’s stock worth $20,333,000 after buying an additional 113,500 shares during the period. 74.70% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $211.63 on Monday. The company has a market capitalization of $13.67 billion, a PE ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a 12 month low of $146.90 and a 12 month high of $213.19. The stock’s 50-day moving average price is $196.75 and its two-hundred day moving average price is $190.14.

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.