Sonata Capital Group Inc. Has $10.96 Million Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Sonata Capital Group Inc. decreased its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 5.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,679 shares of the company’s stock after selling 3,481 shares during the period. iShares Russell 2000 Value ETF accounts for 4.6% of Sonata Capital Group Inc.’s portfolio, making the stock its 5th largest position. Sonata Capital Group Inc. owned approximately 0.09% of iShares Russell 2000 Value ETF worth $10,957,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC raised its holdings in shares of iShares Russell 2000 Value ETF by 18,036.2% during the second quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock valued at $1,269,000 after buying an additional 828,944 shares during the last quarter. Alaska Permanent Fund Corp raised its stake in iShares Russell 2000 Value ETF by 66.4% during the 3rd quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock valued at $236,029,000 after acquiring an additional 564,826 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in iShares Russell 2000 Value ETF during the 2nd quarter worth $70,720,000. Bailard Inc. grew its stake in shares of iShares Russell 2000 Value ETF by 789.1% in the third quarter. Bailard Inc. now owns 506,937 shares of the company’s stock worth $84,567,000 after purchasing an additional 449,917 shares in the last quarter. Finally, Picton Mahoney Asset Management increased its holdings in shares of iShares Russell 2000 Value ETF by 103.1% during the first quarter. Picton Mahoney Asset Management now owns 325,175 shares of the company’s stock valued at $51,642,000 after purchasing an additional 165,046 shares during the period.

iShares Russell 2000 Value ETF Trading Up 0.6 %

IWN stock traded up $0.98 during trading on Friday, hitting $177.78. The company had a trading volume of 254,498 shares, compared to its average volume of 1,176,628. The firm has a market capitalization of $13.60 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a fifty-two week low of $129.30 and a fifty-two week high of $179.09. The business has a 50 day moving average of $165.65 and a 200 day moving average of $159.95.

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.