Heritage Investors Management Corp bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,010 shares of the exchange traded fund’s stock, valued at approximately $372,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. NewEdge Wealth LLC boosted its position in shares of iShares Russell 1000 Value ETF by 241.8% in the fourth quarter. NewEdge Wealth LLC now owns 87,541 shares of the exchange traded fund’s stock valued at $16,206,000 after acquiring an additional 61,931 shares during the period. Magnolia Private Wealth LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $845,000. Pointe Capital Management LLC boosted its position in shares of iShares Russell 1000 Value ETF by 1.7% in the fourth quarter. Pointe Capital Management LLC now owns 18,878 shares of the exchange traded fund’s stock valued at $3,495,000 after acquiring an additional 320 shares during the period. Bryn Mawr Capital Management LLC boosted its position in shares of iShares Russell 1000 Value ETF by 0.5% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 17,657 shares of the exchange traded fund’s stock valued at $3,269,000 after acquiring an additional 89 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares Russell 1000 Value ETF by 9.0% in the fourth quarter. Bank of New York Mellon Corp now owns 728,800 shares of the exchange traded fund’s stock valued at $134,923,000 after acquiring an additional 59,996 shares during the period.
iShares Russell 1000 Value ETF Trading Down 0.3 %
IWD stock opened at $191.79 on Friday. The firm has a 50 day moving average of $190.69 and a 200-day moving average of $190.17. iShares Russell 1000 Value ETF has a 12 month low of $168.85 and a 12 month high of $200.42. The firm has a market capitalization of $61.69 billion, a P/E ratio of 19.81 and a beta of 0.98.
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).
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