iShares Russell 1000 Value ETF (NYSEARCA:IWD) Position Increased by CX Institutional

CX Institutional lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 16.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 225,186 shares of the exchange traded fund’s stock after purchasing an additional 31,560 shares during the period. iShares Russell 1000 Value ETF comprises approximately 1.6% of CX Institutional’s portfolio, making the stock its 15th largest holding. CX Institutional’s holdings in iShares Russell 1000 Value ETF were worth $42,371,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Flagship Wealth Advisors LLC acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $26,000. Ameriflex Group Inc. acquired a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $29,000. Transce3nd LLC bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $31,000. Peterson Wealth Services acquired a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at $32,000. Finally, Halbert Hargrove Global Advisors LLC bought a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at about $32,000.

iShares Russell 1000 Value ETF Stock Up 0.4%

iShares Russell 1000 Value ETF stock opened at $191.55 on Wednesday. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $200.42. The firm has a market capitalization of $61.51 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. The firm has a 50-day moving average price of $182.92 and a two-hundred day moving average price of $188.02.

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).