Hsbc Holdings PLC Buys 36,910 Shares of iShares Russell 2000 Value ETF $IWN

Hsbc Holdings PLC grew its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 425.5% during the fourth quarter, HoldingsChannel reports. The fund owned 45,584 shares of the company’s stock after acquiring an additional 36,910 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares Russell 2000 Value ETF were worth $8,260,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Ransom Advisory Ltd bought a new stake in iShares Russell 2000 Value ETF during the fourth quarter valued at about $26,000. Operose Advisors LLC grew its stake in iShares Russell 2000 Value ETF by 2,071.4% in the fourth quarter. Operose Advisors LLC now owns 152 shares of the company’s stock valued at $28,000 after purchasing an additional 145 shares during the last quarter. Strive Financial Group LLC bought a new position in iShares Russell 2000 Value ETF in the fourth quarter worth about $31,000. Eagle Bay Advisors LLC bought a new position in iShares Russell 2000 Value ETF in the fourth quarter worth about $37,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at about $40,000. 74.70% of the stock is owned by institutional investors.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA:IWN opened at $221.43 on Friday. iShares Russell 2000 Value ETF has a fifty-two week low of $155.54 and a fifty-two week high of $221.94. The stock has a market capitalization of $14.30 billion, a P/E ratio of 14.35 and a beta of 1.02. The company’s 50-day simple moving average is $211.55 and its 200-day simple moving average is $198.98.

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