Checchi Capital Advisers LLC Has $1.99 Million Stock Position in iShares Russell 2000 Value ETF $IWN

Checchi Capital Advisers LLC reduced its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 69.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,960 shares of the company’s stock after selling 25,389 shares during the quarter. Checchi Capital Advisers LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,986,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IWN. First Horizon Corp acquired a new position in iShares Russell 2000 Value ETF in the 3rd quarter valued at $9,463,000. American Wealth Advisors LLC bought a new position in iShares Russell 2000 Value ETF during the 3rd quarter worth $598,000. Confluence Investment Management LLC acquired a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter worth $3,842,000. Farther Finance Advisors LLC lifted its holdings in shares of iShares Russell 2000 Value ETF by 67.2% during the third quarter. Farther Finance Advisors LLC now owns 8,742 shares of the company’s stock worth $1,546,000 after buying an additional 3,513 shares in the last quarter. Finally, Facet Wealth Inc. boosted its position in shares of iShares Russell 2000 Value ETF by 5.0% in the third quarter. Facet Wealth Inc. now owns 206,734 shares of the company’s stock valued at $36,553,000 after acquiring an additional 9,868 shares during the period. 74.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Stock Performance

IWN stock opened at $207.59 on Tuesday. The company’s 50-day simple moving average is $194.97 and its 200 day simple moving average is $187.83. iShares Russell 2000 Value ETF has a 52 week low of $136.29 and a 52 week high of $208.07. The company has a market capitalization of $13.32 billion, a PE ratio of 14.35 and a beta of 1.02.

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.