Connecticut Wealth Management LLC Boosts Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Connecticut Wealth Management LLC boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 51.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,252 shares of the exchange traded fund’s stock after acquiring an additional 2,466 shares during the period. Connecticut Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,198,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Headinvest LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth $29,000. Peachtree Investment Partners LLC increased its position in iShares Russell 1000 Value ETF by 84.8% in the third quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 89 shares in the last quarter. HHM Wealth Advisors LLC grew its stake in shares of iShares Russell 1000 Value ETF by 60.2% during the 4th quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 71 shares during the period. BluePath Capital Management LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter valued at approximately $36,000. Finally, Federated Hermes Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth $42,000.

iShares Russell 1000 Value ETF Trading Up 0.6 %

iShares Russell 1000 Value ETF stock traded up $1.02 during mid-day trading on Friday, hitting $173.12. The stock had a trading volume of 970,219 shares, compared to its average volume of 2,107,100. The firm’s 50 day moving average is $173.97 and its 200 day moving average is $165.00. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $179.56. The firm has a market capitalization of $54.23 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).