iShares Russell 2000 Value ETF (NYSEARCA:IWN) Sees Unusually-High Trading Volume

iShares Russell 2000 Value ETF (NYSEARCA:IWN) saw unusually-strong trading volume on Friday . Approximately 3,537,006 shares changed hands during trading, an increase of 162% from the previous session’s volume of 1,352,345 shares.The stock last traded at $147.08 and had previously closed at $146.33.

iShares Russell 2000 Value ETF Stock Up 0.5 %

The stock has a fifty day moving average of $152.81 and a 200-day moving average of $145.88. The stock has a market cap of $11.60 billion, a PE ratio of 10.81 and a beta of 1.18.

Institutional Investors Weigh In On iShares Russell 2000 Value ETF

A number of institutional investors have recently added to or reduced their stakes in IWN. Wolverine Asset Management LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $31,000. Pflug Koory LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth approximately $28,000. Fortis Capital Advisors LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the 1st quarter worth approximately $30,000. Resurgent Financial Advisors LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $31,000. Finally, Almanack Investment Partners LLC. purchased a new stake in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth approximately $32,000.

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.