iShares Russell 2000 Value ETF (NYSEARCA:IWN) Reaches New 12-Month High – What’s Next?

iShares Russell 2000 Value ETF (NYSEARCA:IWN) reached a new 52-week high 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 0.3%

The firm has a market cap of $14.70 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02. The company has a fifty day moving average price of $220.64 and a 200-day moving average price of $207.41.

Institutional Investors Weigh In On iShares Russell 2000 Value ETF

Several hedge funds have recently bought and sold shares of the stock. Operose Advisors LLC increased its holdings 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 valued at $28,000 after purchasing an additional 145 shares in the last quarter. Strive Financial Group LLC acquired a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at $31,000. Nalls Sherbakoff Group LLC purchased a new stake in iShares Russell 2000 Value ETF during the fourth quarter worth $35,000. Bogart Wealth LLC boosted its holdings in iShares Russell 2000 Value ETF by 219.3% during the first 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. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in iShares Russell 2000 Value ETF during the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

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.