iShares Russell 2000 Value ETF (NYSEARCA:IWN) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) saw unusually-strong trading volume on Tuesday . Approximately 899,158 shares were traded during mid-day 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 Stock Down 0.3 %

The stock’s fifty day moving average is $162.34 and its two-hundred day moving average is $166.58. The firm has a market capitalization of $11.39 billion, a price-to-earnings ratio of 13.99 and a beta of 1.18.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of iShares Russell 2000 Value ETF by 12.5% in the third quarter. JPMorgan Chase & Co. now owns 632,207 shares of the company’s stock worth $105,465,000 after purchasing an additional 70,123 shares during the period. Atomi Financial Group Inc. acquired a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter worth $207,000. National Bank of Canada FI raised its position in shares of iShares Russell 2000 Value ETF by 4.6% during the third quarter. National Bank of Canada FI now owns 2,045 shares of the company’s stock worth $341,000 after acquiring an additional 90 shares during the last quarter. Assetmark Inc. lifted its position in shares of iShares Russell 2000 Value ETF by 13.6% in the 4th quarter. Assetmark Inc. now owns 60,373 shares of the company’s stock worth $9,911,000 after purchasing an additional 7,211 shares during the period. Finally, Mesirow Financial Investment Management Inc. boosted its position in shares of iShares Russell 2000 Value ETF by 9.8% during the 4th quarter. Mesirow Financial Investment Management Inc. now owns 2,558 shares of the company’s stock valued at $420,000 after purchasing an additional 228 shares in the last quarter.

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.