iShares Russell 2000 Value ETF (NYSEARCA:IWN) Reaches New 1-Year Low – Time to Sell?

iShares Russell 2000 Value ETF (NYSEARCA:IWN) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $143.09 and last traded at $144.21, with a volume of 289471 shares changing hands. The stock had previously closed at $152.94.

iShares Russell 2000 Value ETF Price Performance

The firm’s 50-day moving average price is $160.40 and its 200-day moving average price is $166.17. The stock has a market cap of $10.45 billion, a P/E ratio of 13.99 and a beta of 1.18.

Institutional Investors Weigh In On iShares Russell 2000 Value ETF

Several large investors have recently made changes to their positions in IWN. Marotta Asset Management raised its holdings in shares of iShares Russell 2000 Value ETF by 5.4% during the 1st quarter. Marotta Asset Management now owns 2,046 shares of the company’s stock worth $341,000 after acquiring an additional 105 shares in the last quarter. Wellington Management Group LLP raised its stake in iShares Russell 2000 Value ETF by 29.0% during the fourth quarter. Wellington Management Group LLP now owns 157,330 shares of the company’s stock valued at $25,829,000 after purchasing an additional 35,353 shares in the last quarter. Mascagni Wealth Management Inc. bought a new position in iShares Russell 2000 Value ETF during the fourth quarter valued at $45,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares Russell 2000 Value ETF by 0.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 262,751 shares of the company’s stock worth $43,136,000 after buying an additional 2,067 shares in the last quarter. Finally, Members Wealth LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter worth about $215,000.

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.