Investors Purchase Large Volume of iShares Russell 2000 Value ETF Call Options (NYSEARCA:IWN)

iShares Russell 2000 Value ETF (NYSEARCA:IWN) was the recipient of some unusual options trading on Thursday. Stock investors purchased 2,591 call options on the stock. This represents an increase of 179% compared to the typical daily volume of 928 call options.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN traded down $0.54 during midday trading on Thursday, hitting $178.13. 199,390 shares of the company traded hands, compared to its average volume of 1,177,174. iShares Russell 2000 Value ETF has a one year low of $129.30 and a one year high of $179.09. The firm has a market cap of $13.63 billion, a P/E ratio of 10.79 and a beta of 1.17. The stock has a 50-day moving average of $165.65 and a 200-day moving average of $159.95.

Hedge Funds Weigh In On iShares Russell 2000 Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Smith Thornton Advisors LLC bought a new stake in iShares Russell 2000 Value ETF during the 2nd quarter valued at $491,000. LRI Investments LLC purchased a new position in iShares Russell 2000 Value ETF during the 1st quarter valued at about $118,000. Wealth Alliance bought a new stake in iShares Russell 2000 Value ETF during the second quarter worth about $275,000. Vanguard Group Inc. increased its position in iShares Russell 2000 Value ETF by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 10,861 shares of the company’s stock valued at $1,725,000 after buying an additional 95 shares in the last quarter. Finally, Brookstone Capital Management increased its holdings in shares of iShares Russell 2000 Value ETF by 2.1% during the second quarter. Brookstone Capital Management now owns 38,696 shares of the company’s stock valued at $6,534,000 after acquiring an additional 787 shares in the last quarter.

iShares Russell 2000 Value ETF Company 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.