iShares Russell 2000 Value ETF (NYSEARCA:IWN) Reaches New 12-Month High – Should You Buy?

by · The Markets Daily

iShares Russell 2000 Value ETF (NYSEARCA:IWN – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $185.21 and last traded at $185.2570, with a volume of 182870 shares trading hands. The stock had previously closed at $183.52.

iShares Russell 2000 Value ETF Price Performance

The stock has a market capitalization of $12.41 billion, a price-to-earnings ratio of 14.35 and a beta of 1.09. The firm’s fifty day moving average is $178.48 and its 200-day moving average is $169.64.

Institutional Trading of iShares Russell 2000 Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of iShares Russell 2000 Value ETF by 2.6% during 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 in the last quarter. Townsquare Capital LLC raised its holdings in shares of iShares Russell 2000 Value ETF by 26.7% during the first quarter. Townsquare Capital LLC now owns 6,125 shares of the company’s stock worth $925,000 after purchasing an additional 1,291 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of iShares Russell 2000 Value ETF by 70.6% in the 1st quarter. Russell Investments Group Ltd. now owns 2,265 shares of the company’s stock valued at $342,000 after buying an additional 937 shares during the period. Kovitz Investment Group Partners LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 15.3% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 64,319 shares of the company’s stock valued at $9,711,000 after buying an additional 8,521 shares during the period. Finally, Tyler Stone Wealth Management raised its stake in iShares Russell 2000 Value ETF by 29.4% during the first quarter. Tyler Stone Wealth Management now owns 2,362 shares of the company’s stock worth $357,000 after acquiring an additional 537 shares during the period. 74.70% of the stock is owned by institutional investors.

About iShares Russell 2000 Value ETF

(Get 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.

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