HBK Sorce Advisory LLC Sells 1,278 Shares of iShares Russell 2000 Value ETF $IWN

HBK Sorce Advisory LLC lowered its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 13.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,079 shares of the company’s stock after selling 1,278 shares during the quarter. HBK Sorce Advisory LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,274,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its position in shares of iShares Russell 2000 Value ETF by 2.6% during the fourth quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock worth $595,000 after purchasing an additional 91 shares during the period. Mather Group LLC. raised its position in iShares Russell 2000 Value ETF by 12.0% in the 1st quarter. Mather Group LLC. now owns 2,063 shares of the company’s stock valued at $311,000 after buying an additional 221 shares during the last quarter. Kanawha Capital Management LLC raised its position in iShares Russell 2000 Value ETF by 56.5% in the 1st quarter. Kanawha Capital Management LLC now owns 1,956 shares of the company’s stock valued at $295,000 after buying an additional 706 shares during the last quarter. Pinnacle Financial Partners Inc raised its position in iShares Russell 2000 Value ETF by 0.5% in the 1st quarter. Pinnacle Financial Partners Inc now owns 14,406 shares of the company’s stock valued at $2,290,000 after buying an additional 75 shares during the last quarter. Finally, Strategic Financial Concepts LLC raised its position in iShares Russell 2000 Value ETF by 3.9% in the 1st quarter. Strategic Financial Concepts LLC now owns 5,082 shares of the company’s stock valued at $767,000 after buying an additional 189 shares during the last quarter. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Down 0.7%

NYSEARCA IWN opened at $176.74 on Friday. The firm has a market capitalization of $11.74 billion, a P/E ratio of 14.35 and a beta of 1.09. The business has a fifty day simple moving average of $176.72 and a 200 day simple moving average of $163.05. iShares Russell 2000 Value ETF has a 12 month low of $129.38 and a 12 month high of $183.51.

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.