iShares Russell 2000 Value ETF (NYSEARCA:IWN) Sees Unusually-High Trading Volume

Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) saw an uptick in trading volume on Friday . 3,537,006 shares were traded during mid-day trading, an increase of 162% from the previous session’s volume of 1,352,345 shares.The stock last traded at $147.08 and had previously closed at $146.33.

iShares Russell 2000 Value ETF Price Performance

The firm’s fifty day moving average price is $152.81 and its 200-day moving average price is $145.88. The firm has a market capitalization of $11.60 billion, a P/E ratio of 10.81 and a beta of 1.18.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Moneta Group Investment Advisors LLC boosted its holdings in iShares Russell 2000 Value ETF by 100,352.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 73,502,207 shares of the company’s stock worth $10,192,551,000 after buying an additional 73,429,036 shares in the last quarter. TIAA Trust National Association bought a new stake in iShares Russell 2000 Value ETF during the third quarter worth approximately $337,567,000. Jane Street Group LLC boosted its holdings in iShares Russell 2000 Value ETF by 136.7% during the second quarter. Jane Street Group LLC now owns 212,000 shares of the company’s stock worth $28,864,000 after buying an additional 789,244 shares in the last quarter. Starboard Value LP boosted its holdings in iShares Russell 2000 Value ETF by 350.0% during the fourth quarter. Starboard Value LP now owns 900,000 shares of the company’s stock worth $124,803,000 after buying an additional 700,000 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in iShares Russell 2000 Value ETF by 71.4% during the first quarter. JPMorgan Chase & Co. now owns 1,481,007 shares of the company’s stock worth $202,927,000 after buying an additional 617,023 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.