BluePointe Capital Management LLC Raises Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

BluePointe Capital Management LLC raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 45.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,172 shares of the exchange traded fund’s stock after purchasing an additional 4,742 shares during the period. iShares Russell 1000 Value ETF accounts for 1.6% of BluePointe Capital Management LLC’s investment portfolio, making the stock its 18th largest holding. BluePointe Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,809,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IWD. Flagship Wealth Advisors LLC purchased a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at $26,000. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $32,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth about $32,000. VSM Wealth Advisory LLC purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth approximately $34,000. Finally, Hantz Financial Services Inc. acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $35,000.

iShares Russell 1000 Value ETF Stock Up 0.7 %

Shares of iShares Russell 1000 Value ETF stock opened at $188.47 on Thursday. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week high of $200.42. The firm’s 50 day moving average is $191.25 and its two-hundred day moving average is $190.66. The firm has a market capitalization of $60.96 billion, a P/E ratio of 19.31 and a beta of 0.97.

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).