Hsbc Holdings PLC Purchases 36,910 Shares of iShares Russell 2000 Value ETF $IWN

Hsbc Holdings PLC grew its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 425.5% during the fourth quarter, Holdings Channel reports. The fund owned 45,584 shares of the company’s stock after purchasing an additional 36,910 shares during the period. Hsbc Holdings PLC’s holdings in iShares Russell 2000 Value ETF were worth $8,260,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Ransom Advisory Ltd bought a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $26,000. Operose Advisors LLC lifted its position in iShares Russell 2000 Value ETF by 2,071.4% during the fourth quarter. Operose Advisors LLC now owns 152 shares of the company’s stock valued at $28,000 after buying an additional 145 shares during the period. Strive Financial Group LLC purchased a new position in iShares Russell 2000 Value ETF during the fourth quarter valued at $31,000. Nalls Sherbakoff Group LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at $35,000. Finally, Eagle Bay Advisors LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at $37,000. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Down 1.1%

NYSEARCA IWN opened at $217.68 on Thursday. iShares Russell 2000 Value ETF has a 12 month low of $155.54 and a 12 month high of $223.90. The stock’s fifty day moving average price is $213.90 and its 200-day moving average price is $201.05. The stock has a market cap of $14.13 billion, a P/E ratio of 14.35 and a beta of 1.01.

iShares Russell 2000 Value ETF Profile

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.