iShares Russell 2000 Value ETF (NYSEARCA:IWN) Sets New 12-Month High – Still a Buy?

iShares Russell 2000 Value ETF (NYSEARCA:IWNGet Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $185.21 and last traded at $185.2570, with a volume of 182870 shares trading hands. The stock had previously closed at $183.52.

iShares Russell 2000 Value ETF Trading Up 0.5%

The company has a market cap of $12.09 billion, a PE ratio of 14.35 and a beta of 1.09. The business has a fifty day simple moving average of $177.90 and a two-hundred day simple moving average of $169.13.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. First Command Advisory Services Inc. acquired a new position in shares of iShares Russell 2000 Value ETF during the 2nd quarter worth approximately $26,000. Marshall & Sullivan Inc. WA purchased a new position in iShares Russell 2000 Value ETF during the second quarter worth approximately $28,000. Cloud Capital Management LLC acquired a new position in iShares Russell 2000 Value ETF during the third quarter worth $45,000. WPG Advisers LLC acquired a new position in iShares Russell 2000 Value ETF during the first quarter worth $49,000. Finally, Root Financial Partners LLC purchased a new stake in iShares Russell 2000 Value ETF in the 3rd quarter valued at $53,000. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Company Profile

(Get Free Report)

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.

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