iShares Russell 2000 Value ETF (NYSEARCA:IWN) Sees Strong Trading Volume – Still a Buy?

iShares Russell 2000 Value ETF (NYSEARCA:IWN) shares saw unusually-strong trading volume on Thursday . Approximately 409,869 shares traded hands during mid-day trading, a decline of 36% from the previous session’s volume of 640,616 shares.The stock last traded at $166.16 and had previously closed at $166.38.

iShares Russell 2000 Value ETF Trading Up 0.4 %

The firm has a 50-day moving average of $171.06 and a two-hundred day moving average of $166.44. The firm has a market cap of $12.77 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17.

Institutional Trading of iShares Russell 2000 Value ETF

Hedge funds have recently bought and sold shares of the stock. Hoese & Co LLP bought a new position in iShares Russell 2000 Value ETF in the fourth quarter worth $26,000. Barrett & Company Inc. raised its holdings in shares of iShares Russell 2000 Value ETF by 67.4% in the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after buying an additional 64 shares in the last quarter. Loomis Sayles & Co. L P bought a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth approximately $29,000. Richardson Financial Services Inc. boosted its stake in iShares Russell 2000 Value ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock valued at $30,000 after buying an additional 95 shares in the last quarter. Finally, Optimum Investment Advisors grew its position in iShares Russell 2000 Value ETF by 375.0% in the third quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock valued at $32,000 after acquiring an additional 150 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.