iShares Russell 2000 Value ETF (NYSEARCA:IWN) Hits New 1-Year High – Should You Buy?

iShares Russell 2000 Value ETF (NYSEARCA:IWN) shares hit a new 52-week high on Monday . The stock traded as high as $181.76 and last traded at $181.47, with a volume of 22881 shares. The stock had previously closed at $178.55.

iShares Russell 2000 Value ETF Stock Up 2.1 %

The stock’s fifty day simple moving average is $168.77 and its 200-day simple moving average is $161.99. The company has a market capitalization of $13.95 billion, a PE ratio of 10.79 and a beta of 1.17.

Institutional Trading of iShares Russell 2000 Value ETF

Large investors have recently modified their holdings of the business. Smith Thornton Advisors LLC acquired a new position in shares of iShares Russell 2000 Value ETF in the second quarter valued at approximately $491,000. Wealth Alliance acquired a new position in iShares Russell 2000 Value ETF in the 2nd quarter valued at $275,000. Brookstone Capital Management boosted its holdings in shares of iShares Russell 2000 Value ETF by 2.1% during the second quarter. Brookstone Capital Management now owns 38,696 shares of the company’s stock worth $6,534,000 after purchasing an additional 787 shares during the last quarter. Vanguard Group Inc. grew its position in shares of iShares Russell 2000 Value ETF by 0.9% in the first quarter. Vanguard Group Inc. now owns 10,861 shares of the company’s stock valued at $1,725,000 after purchasing an additional 95 shares during the period. Finally, Citizens Financial Group Inc. RI increased its stake in iShares Russell 2000 Value ETF by 19.9% in the second quarter. Citizens Financial Group Inc. RI now owns 4,736 shares of the company’s stock valued at $721,000 after purchasing an additional 786 shares during the last quarter.

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.