IWN Stock Summary and Trading Ideas (iShares Russell 2000 Value ETF | ARCA:IWN)

The iShares Russell 2000 Pure Value Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the small capitalization value sector of the U.S. equity market as represented by the Russell 2000 Pure Value Index. The index represents approximately 50% of the Russell 2000 Index.

iShares Russell 2000 Value ETF trades on the ARCA stock market under the symbol IWN.

As of May 13, 2024, IWN stock price climbed to $156.30 with 1,009,766 million shares trading.

IWN has a beta of 1.15, meaning it tends to be more sensitive to market movements. IWN has a correlation of 0.54 to the broad based SPY ETF.

IWN has a market cap of $11.92 billion. This is considered a Large Cap stock.

In the last 3 years, IWN stock traded as high as $178.19 and as low as $124.97.

IWN stock has underperformed the market in the last year with a return of +22.2%, while SPY returned +28.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IWN shares. However, IWN has outperformed the market in the last 3 month and 2 week periods, returning +6.7% and +2.8%, while SPY returned +5.8% and +2.1%, respectively. This indicates IWN has been having a stronger performance recently.

IWN support price is $154.34 and resistance is $158.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IWN stock will trade within this expected range on the day.