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

Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) hit a new 52-week high during trading on Thursday . The company traded as high as $216.09 and last traded at $215.84, with a volume of 496289 shares trading hands. The stock had previously closed at $210.92.

iShares Russell 2000 Value ETF Trading Up 1.2%

The company has a market capitalization of $14.10 billion, a P/E ratio of 14.35 and a beta of 1.02. The business has a 50 day moving average price of $207.48 and a 200 day moving average price of $196.45.

Institutional Trading of iShares Russell 2000 Value ETF

A number of institutional investors and hedge funds have recently modified their holdings of IWN. Brighton Jones LLC increased its stake in shares of iShares Russell 2000 Value ETF by 2.6% in the 4th quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock valued at $595,000 after acquiring an additional 91 shares during the last quarter. Rhumbline Advisers increased its stake in iShares Russell 2000 Value ETF by 50.8% during the 1st quarter. Rhumbline Advisers now owns 1,205 shares of the company’s stock worth $182,000 after purchasing an additional 406 shares in the last quarter. Gamco Investors INC. ET AL bought a new stake in iShares Russell 2000 Value ETF during the 2nd quarter worth approximately $723,000. Qube Research & Technologies Ltd increased its stake in iShares Russell 2000 Value ETF by 571.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 10,368 shares of the company’s stock worth $1,636,000 after purchasing an additional 8,825 shares in the last quarter. Finally, Sei Investments Co. increased its stake in iShares Russell 2000 Value ETF by 19.7% during the 2nd quarter. Sei Investments Co. now owns 285,170 shares of the company’s stock worth $44,990,000 after purchasing an additional 46,837 shares in the last quarter. 74.70% of the stock is owned by institutional investors.

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.