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

iShares Russell 2000 Value ETF (NYSEARCA:IWN) saw strong trading volume on Tuesday . 899,158 shares traded hands during 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 Trading Down 0.4 %

The firm has a market capitalization of $11.30 billion, a P/E ratio of 13.99 and a beta of 1.18. The firm has a 50 day moving average price of $161.94 and a 200-day moving average price of $166.46.

Institutional Investors Weigh In On iShares Russell 2000 Value ETF

Several institutional investors have recently made changes to their positions in the company. Brooklyn FI LLC grew its position in iShares Russell 2000 Value ETF by 6,229.0% in the 4th quarter. Brooklyn FI LLC now owns 2,052,063 shares of the company’s stock valued at $350,211,000 after acquiring an additional 2,019,640 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of iShares Russell 2000 Value ETF by 16,463.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 800,673 shares of the company’s stock worth $131,446,000 after purchasing an additional 795,839 shares during the last quarter. Raymond James Financial Inc. purchased a new position in iShares Russell 2000 Value ETF in the 4th quarter worth about $97,519,000. Bank of America Corp DE lifted its holdings in iShares Russell 2000 Value ETF by 6.3% during the 4th quarter. Bank of America Corp DE now owns 6,717,220 shares of the company’s stock valued at $1,102,766,000 after buying an additional 399,082 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its position in iShares Russell 2000 Value ETF by 69.0% in the 4th quarter. Victory Capital Management Inc. now owns 537,775 shares of the company’s stock valued at $88,287,000 after buying an additional 219,475 shares during the period.

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.