GenTrust LLC Takes $409,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

GenTrust LLC acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,175 shares of the exchange traded fund’s stock, valued at approximately $409,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its holdings in iShares Russell 1000 Value ETF by 8.9% during the fourth quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after buying an additional 2,981 shares during the period. Principal Financial Group Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 48.2% in the 4th quarter. Principal Financial Group Inc. now owns 37,357 shares of the exchange traded fund’s stock valued at $6,916,000 after acquiring an additional 12,148 shares during the period. Y Intercept Hong Kong Ltd bought a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth $293,000. Crestwood Advisors Group LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 26.9% during the 4th quarter. Crestwood Advisors Group LLC now owns 3,161 shares of the exchange traded fund’s stock worth $585,000 after purchasing an additional 671 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 9.0% during the 4th quarter. Bank of New York Mellon Corp now owns 728,800 shares of the exchange traded fund’s stock worth $134,923,000 after purchasing an additional 59,996 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $191.48 on Thursday. The firm has a market capitalization of $61.23 billion, a PE ratio of 18.83 and a beta of 0.90. The business’s 50-day moving average is $186.57 and its two-hundred day moving average is $187.49. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $200.42.

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).