HighTower Advisors LLC Sells 3,372 Shares of iShares Russell 2000 Value ETF $IWN

HighTower Advisors LLC lowered its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 128,463 shares of the company’s stock after selling 3,372 shares during the period. HighTower Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $28,416,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Operose Advisors LLC grew its holdings in shares of iShares Russell 2000 Value ETF by 2,071.4% during the 4th quarter. Operose Advisors LLC now owns 152 shares of the company’s stock valued at $28,000 after purchasing an additional 145 shares during the last quarter. Strive Financial Group LLC acquired a new stake in iShares Russell 2000 Value ETF during the 4th quarter worth approximately $31,000. Nalls Sherbakoff Group LLC bought a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at $35,000. Bogart Wealth LLC increased its holdings in iShares Russell 2000 Value ETF by 219.3% in the first quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock valued at $35,000 after purchasing an additional 125 shares during the period. Finally, NBH Bank acquired a new position in iShares Russell 2000 Value ETF during the 2nd quarter worth about $40,000. 74.70% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Trading Down 0.8%

Shares of IWN stock opened at $222.76 on Wednesday. iShares Russell 2000 Value ETF has a 1-year low of $168.75 and a 1-year high of $227.86. The stock has a market cap of $14.40 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01. The stock has a 50-day moving average of $223.02 and a 200-day moving average of $210.60.

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.