Hsbc Holdings PLC Sells 4,330 Shares of iShares Russell 2000 Value ETF $IWN

Hsbc Holdings PLC trimmed its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 8.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,746 shares of the company’s stock after selling 4,330 shares during the period. Hsbc Holdings PLC owned about 0.07% of iShares Russell 2000 Value ETF worth $7,848,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Alaska Permanent Fund Corp boosted its stake in shares of iShares Russell 2000 Value ETF by 94.9% during the first quarter. Alaska Permanent Fund Corp now owns 2,402,269 shares of the company’s stock valued at $347,849,000 after purchasing an additional 1,169,735 shares in the last quarter. Wellington Management Group LLP boosted its position in iShares Russell 2000 Value ETF by 225.6% during the 1st quarter. Wellington Management Group LLP now owns 512,305 shares of the company’s stock valued at $77,348,000 after acquiring an additional 354,975 shares in the last quarter. Zions Bancorporation National Association UT boosted its position in iShares Russell 2000 Value ETF by 2,421.9% during the 2nd quarter. Zions Bancorporation National Association UT now owns 269,486 shares of the company’s stock valued at $42,514,000 after acquiring an additional 258,800 shares in the last quarter. Laurel Wealth Advisors LLC increased its holdings in shares of iShares Russell 2000 Value ETF by 15,292.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 239,046 shares of the company’s stock valued at $37,712,000 after acquiring an additional 237,493 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. bought a new position in shares of iShares Russell 2000 Value ETF in the 1st quarter worth $18,813,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA IWN opened at $183.97 on Friday. iShares Russell 2000 Value ETF has a 1-year low of $129.38 and a 1-year high of $184.76. The business has a fifty day moving average price of $177.62 and a 200 day moving average price of $168.44. The stock has a market capitalization of $12.05 billion, a P/E ratio of 14.35 and a beta of 1.09.

iShares Russell 2000 Value ETF 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.