iShares Russell 2000 Value ETF $IWN Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC raised its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 0.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 862,739 shares of the company’s stock after purchasing an additional 3,730 shares during the quarter. Hsbc Holdings PLC owned 1.33% of iShares Russell 2000 Value ETF worth $190,838,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWN. Bank of America Corp DE boosted its stake in shares of iShares Russell 2000 Value ETF by 6.7% in the second quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock worth $1,065,484,000 after acquiring an additional 422,172 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of iShares Russell 2000 Value ETF by 99.4% in the second quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock valued at $80,186,000 after purchasing an additional 253,326 shares during the period. Wellington Management Group LLP grew its stake in shares of iShares Russell 2000 Value ETF by 138.7% in the 2nd quarter. Wellington Management Group LLP now owns 325,490 shares of the company’s stock valued at $71,998,000 after buying an additional 189,108 shares during the period. Wells Fargo & Company MN grew its position in iShares Russell 2000 Value ETF by 14.7% in the fourth quarter. Wells Fargo & Company MN now owns 1,016,764 shares of the company’s stock worth $184,248,000 after acquiring an additional 130,498 shares during the period. Finally, Arax Advisory Partners purchased a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter worth $20,734,000. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN stock opened at $224.62 on Monday. The firm has a market cap of $14.52 billion, a PE ratio of 14.35 and a beta of 1.01. The company has a 50-day moving average of $222.92 and a two-hundred day moving average of $210.26. iShares Russell 2000 Value ETF has a 1-year low of $168.75 and a 1-year high of $227.86.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.