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

iShares Russell 2000 Value ETF (NYSEARCA:IWN) saw strong trading volume on Thursday . 409,869 shares were traded 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 Price Performance

The firm has a market capitalization of $12.77 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. The firm’s fifty day moving average is $171.06 and its 200 day moving average is $166.44.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of IWN. Hoese & Co LLP acquired a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at $26,000. Barrett & Company Inc. boosted its stake in shares of iShares Russell 2000 Value ETF by 67.4% during the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after acquiring an additional 64 shares in the last quarter. Loomis Sayles & Co. L P acquired a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter valued at about $29,000. Optimum Investment Advisors increased its holdings in shares of iShares Russell 2000 Value ETF by 375.0% during the 3rd 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 last quarter. Finally, Richardson Financial Services Inc. raised its stake in shares of 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 acquiring an additional 95 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.