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

Hsbc Holdings PLC grew its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 425.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,584 shares of the company’s stock after acquiring an additional 36,910 shares during the period. Hsbc Holdings PLC owned 0.07% of iShares Russell 2000 Value ETF worth $8,260,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in iShares Russell 2000 Value ETF during the 4th quarter worth $70,000. Bayban bought a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter worth $227,000. Pure Financial Advisors LLC increased its stake in shares of iShares Russell 2000 Value ETF by 8.7% during the fourth quarter. Pure Financial Advisors LLC now owns 141,735 shares of the company’s stock valued at $25,684,000 after buying an additional 11,314 shares during the period. Rehmann Capital Advisory Group increased its stake in shares of iShares Russell 2000 Value ETF by 5.0% during the fourth quarter. Rehmann Capital Advisory Group now owns 4,947 shares of the company’s stock valued at $896,000 after buying an additional 237 shares during the period. Finally, SHP Wealth Management bought a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at about $73,000. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Price Performance

Shares of iShares Russell 2000 Value ETF stock opened at $221.43 on Friday. iShares Russell 2000 Value ETF has a 1 year low of $155.54 and a 1 year high of $221.94. The firm’s 50-day moving average is $211.55 and its two-hundred day moving average is $198.98. The stock has a market cap of $14.30 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02.

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.