iShares Russell 2000 Value ETF (NYSEARCA:IWN) Sets New 1-Year High – What’s Next?

iShares Russell 2000 Value ETF (NYSEARCA:IWN) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $224.44 and last traded at $224.32, with a volume of 623041 shares changing hands. The stock had previously closed at $222.16.

iShares Russell 2000 Value ETF Stock Performance

The company has a market capitalization of $14.50 billion, a PE ratio of 14.35 and a beta of 1.01. The company has a 50 day moving average price of $217.13 and a 200 day moving average price of $204.45.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IWN. Operose Advisors LLC increased its position in shares of iShares Russell 2000 Value ETF by 2,071.4% in the 4th quarter. Operose Advisors LLC now owns 152 shares of the company’s stock worth $28,000 after purchasing an additional 145 shares during the last quarter. Strive Financial Group LLC bought a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter worth about $31,000. Nalls Sherbakoff Group LLC acquired a new position in iShares Russell 2000 Value ETF in the fourth quarter worth about $35,000. Bogart Wealth LLC grew its stake in iShares Russell 2000 Value ETF by 219.3% in the first quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock worth $35,000 after purchasing an additional 125 shares in the last quarter. Finally, Eagle Bay Advisors LLC bought a new stake in iShares Russell 2000 Value ETF in the fourth quarter valued at about $37,000. 74.70% of the stock is currently owned by institutional investors.

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.