SlateStone Wealth LLC Boosts Stock Position in iShares Russell 1000 Value ETF $IWD

SlateStone Wealth LLC increased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 89,893 shares of the exchange traded fund’s stock after acquiring an additional 5,174 shares during the period. iShares Russell 1000 Value ETF makes up about 1.6% of SlateStone Wealth LLC’s holdings, making the stock its 12th largest holding. SlateStone Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $18,908,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IWD. Reyes Financial Architecture Inc. purchased a new position in iShares Russell 1000 Value ETF in the fourth quarter worth approximately $25,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $31,000. Grand Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $31,000. Eagle Bay Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $36,000. Finally, Key Capital Management INC acquired a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $40,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $241.03 on Friday. iShares Russell 1000 Value ETF has a 1-year low of $188.39 and a 1-year high of $241.35. The stock has a market cap of $77.42 billion, a PE ratio of 18.83 and a beta of 0.84. The stock’s fifty day moving average is $227.95 and its two-hundred day moving average is $220.02.

About iShares Russell 1000 Value ETF

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.