iShares Russell 2000 Value ETF (NYSEARCA:IWN) Hits New 1-Year High – Here’s Why

Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $227.46 and last traded at $227.19, with a volume of 12995 shares trading hands. The stock had previously closed at $225.93.

iShares Russell 2000 Value ETF Trading Up 0.6%

The company’s 50-day moving average is $220.05 and its 200 day moving average is $207.05. The firm has a market cap of $14.70 billion, a PE ratio of 14.35 and a beta of 1.02.

Institutional Trading of iShares Russell 2000 Value ETF

Hedge funds have recently modified their holdings of the business. Operose Advisors LLC boosted its position in shares of iShares Russell 2000 Value ETF by 2,071.4% in the fourth quarter. Operose Advisors LLC now owns 152 shares of the company’s stock worth $28,000 after buying an additional 145 shares during the period. Strive Financial Group LLC acquired a new position in iShares Russell 2000 Value ETF during the fourth quarter valued at $31,000. Nalls Sherbakoff Group LLC acquired a new position in iShares Russell 2000 Value ETF during the fourth quarter valued at $35,000. Bogart Wealth LLC lifted its stake in iShares Russell 2000 Value ETF by 219.3% in the 1st quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock worth $35,000 after acquiring an additional 125 shares in the last quarter. Finally, Eagle Bay Advisors LLC purchased a new stake in iShares Russell 2000 Value ETF in the 4th quarter worth about $37,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Company 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.