iShares Russell 1000 Value ETF (NYSEARCA:IWD) Reaches New 1-Year High – Should You Buy?

Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) reached a new 52-week high during trading on Friday . The company traded as high as $227.20 and last traded at $227.14, with a volume of 280253 shares changing hands. The stock had previously closed at $224.94.

iShares Russell 1000 Value ETF Stock Up 1.0%

The firm’s 50-day moving average is $219.70 and its two-hundred day moving average is $213.22. The stock has a market cap of $73.40 billion, a P/E ratio of 18.83 and a beta of 0.85.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Cardiff Park Advisors LLC grew its position in shares of iShares Russell 1000 Value ETF by 0.6% during the 4th quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock worth $1,563,000 after buying an additional 46 shares during the period. Sax Wealth Advisors LLC grew its position in shares of iShares Russell 1000 Value ETF by 0.5% in the 4th quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock valued at $2,013,000 after purchasing an additional 49 shares during the period. Cibc World Market Inc. lifted its stake in iShares Russell 1000 Value ETF by 3.1% in the 4th quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock valued at $346,000 after acquiring an additional 49 shares in the last quarter. SilverOak Wealth Management LLC lifted its stake in iShares Russell 1000 Value ETF by 0.4% in the 3rd quarter. SilverOak Wealth Management LLC now owns 11,234 shares of the exchange traded fund’s stock valued at $2,287,000 after acquiring an additional 50 shares in the last quarter. Finally, Capital Advantage Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 0.9% during the 4th quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 51 shares in the last quarter. 84.93% of the stock is owned by institutional investors.

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). 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.