iShares Russell 2000 Value ETF (NYSEARCA:IWN) Hits New 1-Year Low – Time to Sell?

iShares Russell 2000 Value ETF (NYSEARCA:IWN) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $143.09 and last traded at $144.21, with a volume of 289471 shares traded. The stock had previously closed at $152.94.

iShares Russell 2000 Value ETF Stock Down 4.1 %

The company has a fifty day moving average price of $159.28 and a two-hundred day moving average price of $165.81. The firm has a market capitalization of $10.02 billion, a price-to-earnings ratio of 13.99 and a beta of 1.18.

Hedge Funds Weigh In On iShares Russell 2000 Value ETF

Several institutional investors have recently added to or reduced their stakes in IWN. FPC Investment Advisory Inc. purchased a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at about $25,000. Crews Bank & Trust acquired a new stake in iShares Russell 2000 Value ETF in the fourth quarter valued at about $25,000. Hoese & Co LLP purchased a new stake in iShares Russell 2000 Value ETF in the 4th quarter valued at approximately $26,000. Financial Life Planners acquired a new position in iShares Russell 2000 Value ETF during the 4th quarter worth approximately $26,000. Finally, Menard Financial Group LLC purchased a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $27,000.

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.