Hsbc Holdings PLC Acquires 3,911 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Hsbc Holdings PLC raised its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 8.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 51,940 shares of the company’s stock after buying an additional 3,911 shares during the quarter. Hsbc Holdings PLC owned about 0.07% of iShares Russell 2000 Value ETF worth $8,527,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IWN. Crews Bank & Trust bought a new stake in iShares Russell 2000 Value ETF in the 4th quarter valued at $25,000. FPC Investment Advisory Inc. bought a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at about $25,000. Hoese & Co LLP bought a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at about $26,000. Financial Life Planners acquired a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter worth about $26,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter worth about $30,000.

iShares Russell 2000 Value ETF Stock Down 0.2 %

NYSEARCA IWN opened at $144.65 on Monday. The firm’s 50 day moving average is $149.55 and its 200-day moving average is $162.65. The company has a market capitalization of $10.68 billion, a PE ratio of 12.67 and a beta of 1.07. iShares Russell 2000 Value ETF has a 12-month low of $129.38 and a 12-month high of $183.51.

iShares Russell 2000 Value ETF 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.