Hsbc Holdings PLC Purchases 36,910 Shares of iShares Russell 2000 Value ETF $IWN

Hsbc Holdings PLC increased its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 425.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,584 shares of the company’s stock after buying an additional 36,910 shares during the quarter. Hsbc Holdings PLC owned 0.07% of iShares Russell 2000 Value ETF worth $8,260,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in iShares Russell 2000 Value ETF by 6.7% in 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 buying an additional 422,172 shares during the period. BNP Paribas Financial Markets grew its position in shares of iShares Russell 2000 Value ETF by 99.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock worth $80,186,000 after buying an additional 253,326 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of iShares Russell 2000 Value ETF by 14.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,016,764 shares of the company’s stock valued at $184,248,000 after buying an additional 130,498 shares during the period. Advisors Preferred LLC raised its holdings in shares of iShares Russell 2000 Value ETF by 189.6% during the fourth quarter. Advisors Preferred LLC now owns 183,323 shares of the company’s stock valued at $33,524,000 after acquiring an additional 120,027 shares in the last quarter. Finally, Arax Advisory Partners purchased a new stake in iShares Russell 2000 Value ETF in the fourth quarter worth $20,734,000. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Stock Down 1.1%

Shares of IWN stock opened at $217.68 on Thursday. The firm has a market capitalization of $14.13 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01. The stock has a fifty day moving average of $213.90 and a 200 day moving average of $201.05. iShares Russell 2000 Value ETF has a 52 week low of $155.54 and a 52 week high of $223.90.

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