iShares Russell 2000 Value ETF (NYSEARCA:IWN) Sees Strong Trading Volume – Here’s What Happened

iShares Russell 2000 Value ETF (NYSEARCA:IWN) shares saw strong trading volume on Tuesday . 899,158 shares changed hands during mid-day trading, a decline of 13% from the previous session’s volume of 1,030,518 shares.The stock last traded at $155.67 and had previously closed at $156.36.

iShares Russell 2000 Value ETF Price Performance

The firm has a market capitalization of $11.39 billion, a P/E ratio of 13.99 and a beta of 1.18. The company has a fifty day moving average of $162.34 and a 200 day moving average of $166.58.

Institutional Investors Weigh In On iShares Russell 2000 Value ETF

A number of institutional investors have recently modified their holdings of IWN. Charles Schwab Investment Management Inc. increased its stake in iShares Russell 2000 Value ETF by 2.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 686,051 shares of the company’s stock valued at $114,447,000 after purchasing an additional 17,051 shares in the last quarter. Nicolet Advisory Services LLC acquired a new position in iShares Russell 2000 Value ETF during the 3rd quarter worth approximately $216,000. Great Valley Advisor Group Inc. boosted its holdings in iShares Russell 2000 Value ETF by 9.8% in the third quarter. Great Valley Advisor Group Inc. now owns 10,373 shares of the company’s stock worth $1,730,000 after acquiring an additional 923 shares in the last quarter. Cerity Partners LLC grew its stake in iShares Russell 2000 Value ETF by 11.7% in the third quarter. Cerity Partners LLC now owns 106,485 shares of the company’s stock valued at $17,764,000 after acquiring an additional 11,161 shares during the period. Finally, Kingsview Wealth Management LLC increased its holdings in shares of iShares Russell 2000 Value ETF by 21.0% during the third quarter. Kingsview Wealth Management LLC now owns 4,585 shares of the company’s stock valued at $765,000 after acquiring an additional 796 shares in the last quarter.

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.