iShares Russell 2000 Value ETF (NYSEARCA:IWN) Reaches New 1-Year High – Time to Buy?

iShares Russell 2000 Value ETF (NYSEARCA:IWN) reached a new 52-week high on Monday . The stock traded as high as $181.76 and last traded at $181.47, with a volume of 22881 shares trading hands. The stock had previously closed at $178.55.

iShares Russell 2000 Value ETF Stock Performance

The firm has a market cap of $13.95 billion, a PE ratio of 10.79 and a beta of 1.17. The firm has a fifty day simple moving average of $168.77 and a two-hundred day simple moving average of $161.99.

Hedge Funds Weigh In On iShares Russell 2000 Value ETF

Several institutional investors have recently bought and sold shares of the business. Barrett & Company Inc. increased its position in iShares Russell 2000 Value ETF by 67.4% during the third quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock valued at $27,000 after acquiring an additional 64 shares during the last quarter. Integrated Advisors Network LLC lifted its stake in shares of iShares Russell 2000 Value ETF by 1.2% during the 3rd quarter. Integrated Advisors Network LLC now owns 5,714 shares of the company’s stock worth $953,000 after acquiring an additional 70 shares during the last quarter. Concourse Financial Group Securities Inc. boosted its holdings in iShares Russell 2000 Value ETF by 5.6% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 1,374 shares of the company’s stock valued at $209,000 after acquiring an additional 73 shares during the period. Anchor Investment Management LLC grew its position in iShares Russell 2000 Value ETF by 6.3% in the 2nd quarter. Anchor Investment Management LLC now owns 1,234 shares of the company’s stock valued at $188,000 after acquiring an additional 73 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in iShares Russell 2000 Value ETF by 1.6% in the second quarter. J.W. Cole Advisors Inc. now owns 4,817 shares of the company’s stock worth $734,000 after purchasing an additional 74 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.