iShares Russell 2000 Value ETF (NYSEARCA:IWN) Hits New 12-Month High – What’s Next?

iShares Russell 2000 Value ETF (NYSEARCA:IWN) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $216.09 and last traded at $215.84, with a volume of 496289 shares. The stock had previously closed at $210.92.

iShares Russell 2000 Value ETF Trading Up 2.3%

The firm has a market cap of $13.94 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02. The stock has a fifty day moving average price of $206.41 and a 200 day moving average price of $196.00.

Institutional Trading of iShares Russell 2000 Value ETF

Large investors have recently modified their holdings of the company. Ransom Advisory Ltd bought a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth $26,000. Operose Advisors LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 2,071.4% during the 4th quarter. Operose Advisors LLC now owns 152 shares of the company’s stock worth $28,000 after buying an additional 145 shares during the period. Strive Financial Group LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth $31,000. Nalls Sherbakoff Group LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth $35,000. Finally, Bogart Wealth LLC lifted its position in shares of iShares Russell 2000 Value ETF by 219.3% during the 1st quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock worth $35,000 after purchasing an additional 125 shares during the last quarter. 74.70% of the stock is owned by institutional investors.

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.