iShares Russell 2000 Value ETF (NYSEARCA:IWN) Reaches New 52-Week High – Here’s Why

iShares Russell 2000 Value ETF (NYSEARCA:IWN)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $212.90 and last traded at $212.76, with a volume of 738445 shares changing hands. The stock had previously closed at $209.61.

iShares Russell 2000 Value ETF Trading Up 1.5%

The firm’s fifty day moving average price is $196.52 and its 200 day moving average price is $189.91. The firm has a market capitalization of $13.74 billion, a PE ratio of 14.35 and a beta of 1.02.

Institutional Investors Weigh In On iShares Russell 2000 Value ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Ransom Advisory Ltd acquired a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at $26,000. Operose Advisors LLC lifted its stake 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 valued at $28,000 after purchasing an additional 145 shares during the last quarter. Strive Financial Group LLC acquired a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at $31,000. Bogart Wealth LLC lifted its stake in shares of iShares Russell 2000 Value ETF by 219.3% in the 1st quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock valued at $35,000 after purchasing an additional 125 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC acquired a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at $35,000. Institutional investors and hedge funds own 74.70% of the company’s stock.

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.