Hsbc Holdings PLC Grows Stock Position in iShares Russell 2000 Value ETF $IWN

Hsbc Holdings PLC lifted its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 0.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 862,739 shares of the company’s stock after purchasing an additional 3,730 shares during the period. Hsbc Holdings PLC’s holdings in iShares Russell 2000 Value ETF were worth $190,838,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of iShares Russell 2000 Value ETF by 6.7% during the 2nd quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock worth $1,065,484,000 after acquiring an additional 422,172 shares in the last quarter. D.A. Davidson & CO. grew its position in iShares Russell 2000 Value ETF by 2.2% during the 1st quarter. D.A. Davidson & CO. now owns 1,273,529 shares of the company’s stock worth $241,449,000 after purchasing an additional 27,187 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares Russell 2000 Value ETF by 9.2% during the fourth quarter. LPL Financial LLC now owns 1,102,636 shares of the company’s stock worth $199,809,000 after buying an additional 92,462 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of iShares Russell 2000 Value ETF by 14.7% in the fourth quarter. Wells Fargo & Company MN now owns 1,016,764 shares of the company’s stock valued at $184,248,000 after purchasing an additional 130,498 shares during the period. Finally, Cassaday & Co Wealth Management LLC grew its position in iShares Russell 2000 Value ETF by 1.4% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 644,789 shares of the company’s stock valued at $122,246,000 after buying an additional 9,139 shares during the last quarter. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

Shares of iShares Russell 2000 Value ETF stock opened at $224.62 on Monday. The company’s 50-day simple moving average is $222.92 and its 200-day simple moving average is $210.26. iShares Russell 2000 Value ETF has a 52-week low of $168.75 and a 52-week high of $227.86. The firm has a market cap of $14.52 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.