Hsbc Holdings PLC Purchases 813,425 Shares of iShares Russell 2000 Value ETF $IWN

Hsbc Holdings PLC lifted its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report) by 1,784.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 859,009 shares of the company’s stock after purchasing an additional 813,425 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares Russell 2000 Value ETF were worth $162,860,000 at the end of the most recent reporting period.

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

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $222.34 on Friday. iShares Russell 2000 Value ETF has a fifty-two week low of $155.54 and a fifty-two week high of $224.42. The firm has a market cap of $14.44 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01. The firm has a 50 day moving average price of $215.57 and a 200-day moving average price of $202.70.

About iShares Russell 2000 Value ETF

(Free Report)

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.

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Want to see what other hedge funds are holding IWN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report).