King Luther Capital Management Corp Purchases Shares of 1,076 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

King Luther Capital Management Corp purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,076 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bond & Devick Financial Network Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 0.6% during the 1st quarter. Bond & Devick Financial Network Inc. now owns 10,592 shares of the exchange traded fund’s stock worth $1,993,000 after purchasing an additional 63 shares during the last quarter. Harbor Investment Advisory LLC lifted its position in shares of iShares Russell 1000 Value ETF by 0.3% during the 1st quarter. Harbor Investment Advisory LLC now owns 19,548 shares of the exchange traded fund’s stock worth $3,678,000 after purchasing an additional 63 shares during the last quarter. Virtue Capital Management LLC lifted its position in shares of iShares Russell 1000 Value ETF by 1.6% during the 4th quarter. Virtue Capital Management LLC now owns 4,104 shares of the exchange traded fund’s stock worth $760,000 after purchasing an additional 65 shares during the last quarter. Dunhill Financial LLC lifted its position in shares of iShares Russell 1000 Value ETF by 9.7% during the 4th quarter. Dunhill Financial LLC now owns 772 shares of the exchange traded fund’s stock worth $143,000 after purchasing an additional 68 shares during the last quarter. Finally, Rodgers & Associates LTD lifted its position in shares of iShares Russell 1000 Value ETF by 1.8% during the 1st quarter. Rodgers & Associates LTD now owns 3,831 shares of the exchange traded fund’s stock worth $721,000 after purchasing an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $199.24 on Thursday. The company’s fifty day moving average price is $194.41 and its 200 day moving average price is $189.34. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $200.42. The firm has a market capitalization of $63.07 billion, a P/E ratio of 18.83 and a beta of 0.95.

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).