Napier Financial LLC Purchases New Stake in iShares Russell 1000 Value ETF $IWD

Napier Financial LLC acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 77,792 shares of the exchange traded fund’s stock, valued at approximately $16,363,000. iShares Russell 1000 Value ETF comprises about 4.1% of Napier Financial LLC’s portfolio, making the stock its 6th biggest holding.

A number of other hedge funds have also recently bought and sold shares of IWD. 1ST Source Bank lifted its stake in iShares Russell 1000 Value ETF by 1.3% in the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after acquiring an additional 8,737 shares during the period. Brown Miller Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $1,213,000. Caprock Group LLC purchased a new stake in iShares Russell 1000 Value ETF in the third quarter worth $3,803,000. Focus Partners Advisor Solutions LLC lifted its stake in iShares Russell 1000 Value ETF by 32.6% in the third quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock worth $5,308,000 after acquiring an additional 6,380 shares during the period. Finally, Claro Advisors LLC raised its holdings in iShares Russell 1000 Value ETF by 21.2% in the third quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock worth $20,707,000 after purchasing an additional 17,760 shares in the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $236.42 on Monday. The stock has a fifty day simple moving average of $228.38 and a two-hundred day simple moving average of $220.26. The company has a market cap of $75.94 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12-month low of $188.55 and a 12-month high of $241.35.

iShares Russell 1000 Value ETF 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). 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.