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IWN · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is iShares Russell 2000 Value ETF (IWN) stock moving?
No news items or SEC filings were found for IWN in the 14 to 45 days before the current date, so this view rests only on the 30-day market data. Over that period the ETF traded in a range of roughly $210 to $220. It rose from about $213 on Oct 22 to a high close of $218.65 on Nov 4, then fell 3.5% to $211.07 on Nov 5 on 1.46M shares, roughly double the recent average, with an intraday low of $210.38. It stabilized near $210 to $216 over the next three sessions and closed at $214.96 on Nov 10. The volume-backed drop on Nov 5 was the largest move in the period, but without a news catalyst its cause is unclear. Overall the pattern is range-bound, with the latest close sitting near the middle of the recent range, which gives no clear directional edge.
About iShares Russell 2000 Value ETF
IWN is a BlackRock iShares fund that tracks the Russell 2000 Value Index. That index covers the cheaper-priced part of the Russell 2000, a list of about 2,000 smaller US companies. The fund holds roughly 1,400 stocks, has about $14 billion in assets and has been trading since July 2000, which makes it one of the largest and oldest small-cap value ETFs.
How the fund works
This is a passive index fund. It tries to match the Russell 2000 Value Index, which picks 'value' stocks from US companies ranked about 1,001st to 3,000th by market size. Value stocks are ones that look cheap compared with their earnings or assets. The fund holds a representative sample of the index rather than copying it exactly. It charges a 0.24% annual expense ratio and pays dividends quarterly, with a yield of roughly 1.5%. No single stock is a big part of the fund: the top 10 make up only about 5%. Financials are the largest sector at roughly a quarter of the fund, followed by industrials, health care, real estate and energy. Small-cap stocks can be more volatile than large-cap stocks and more sensitive to the economy.
What usually moves IWN
- Interest rates and Fed policy
- Regional bank and financial sector health
- US economic growth and recession fears
- Credit conditions for smaller companies
- Value vs. growth style rotation