iShares Russell 2000 Value ETF (NYSEARCA:IWN) Sets New 12-Month High – Here’s What Happened

iShares Russell 2000 Value ETF (NYSEARCA:IWN)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $208.90 and last traded at $208.03, with a volume of 147094 shares traded. The stock had previously closed at $207.75.

iShares Russell 2000 Value ETF Stock Performance

The company has a 50 day moving average of $196.04 and a 200-day moving average of $189.29. The stock has a market cap of $13.47 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02.

Institutional Trading of iShares Russell 2000 Value ETF

Large investors have recently made changes to their positions in the company. Ransom Advisory Ltd acquired a new stake in iShares Russell 2000 Value ETF during the 4th quarter worth approximately $26,000. Operose Advisors LLC raised its stake 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 worth $28,000 after buying an additional 145 shares in the last quarter. Strive Financial Group LLC purchased a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $31,000. Nalls Sherbakoff Group LLC purchased a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $35,000. Finally, Bogart Wealth LLC raised its stake in shares of iShares Russell 2000 Value ETF by 219.3% during the 1st quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock worth $35,000 after buying an additional 125 shares in the last quarter. 74.70% of the stock is owned by institutional investors and hedge funds.

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.