Naples Global Advisors LLC Buys 1,755 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Naples Global Advisors LLC lifted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 47,299 shares of the exchange traded fund’s stock after acquiring an additional 1,755 shares during the period. iShares Russell 1000 Value ETF makes up 0.8% of Naples Global Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Naples Global Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $8,756,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWD. Eagle Bay Advisors LLC bought a new stake in iShares Russell 1000 Value ETF during the third quarter worth about $32,000. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $32,000. Hantz Financial Services Inc. bought a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $35,000. Carmichael Hill & Associates Inc. boosted its stake in iShares Russell 1000 Value ETF by 536.1% in the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 193 shares in the last quarter. Finally, Northwest Investment Counselors LLC bought a new position in iShares Russell 1000 Value ETF during the third quarter valued at approximately $44,000.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $193.15 on Thursday. The company has a market capitalization of $60.50 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a one year low of $164.34 and a one year high of $200.42. The company’s 50 day moving average price is $190.22 and its two-hundred day moving average price is $189.06.

iShares Russell 1000 Value ETF Company Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).