Y Intercept Hong Kong Ltd Has $1.44 Million Position in iShares Russell 2000 Value ETF $IWN

Y Intercept Hong Kong Ltd lifted its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 276.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 7,596 shares of the company’s stock after acquiring an additional 5,576 shares during the period. Y Intercept Hong Kong Ltd’s holdings in iShares Russell 2000 Value ETF were worth $1,440,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Sharp Wealth Advisory LLC raised its holdings in iShares Russell 2000 Value ETF by 34.0% in the 1st quarter. Sharp Wealth Advisory LLC now owns 2,556 shares of the company’s stock valued at $485,000 after acquiring an additional 649 shares in the last quarter. Stevens Capital Partners grew its holdings in shares of iShares Russell 2000 Value ETF by 6.0% during the 1st quarter. Stevens Capital Partners now owns 28,230 shares of the company’s stock worth $5,352,000 after purchasing an additional 1,596 shares in the last quarter. Root Financial Partners LLC grew its holdings in shares of iShares Russell 2000 Value ETF by 225.1% during the 1st quarter. Root Financial Partners LLC now owns 972 shares of the company’s stock worth $184,000 after purchasing an additional 673 shares in the last quarter. Squire Investment Management Company LLC grew its holdings in shares of iShares Russell 2000 Value ETF by 14.9% during the 1st quarter. Squire Investment Management Company LLC now owns 10,152 shares of the company’s stock worth $1,925,000 after purchasing an additional 1,319 shares in the last quarter. Finally, Wealth Care LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the first quarter valued at approximately $948,000. 74.70% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA IWN traded up $0.47 during trading hours on Friday, reaching $219.97. The stock had a trading volume of 322,061 shares, compared to its average volume of 779,395. The business’s fifty day moving average is $214.47 and its two-hundred day moving average is $201.43. The company has a market cap of $14.28 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01. iShares Russell 2000 Value ETF has a twelve month low of $155.54 and a twelve month high of $223.90.

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.