Washington Trust Bank boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 99.3% during the 4th quarter, HoldingsChannel reports. The firm owned 4,392 shares of the exchange traded fund’s stock after purchasing an additional 2,188 shares during the period. Washington Trust Bank’s holdings in iShares Russell 1000 Value ETF were worth $924,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently bought and sold shares of IWD. Brighton Jones LLC grew its position in iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after purchasing an additional 2,981 shares during the last quarter. Bison Wealth LLC grew its position in iShares Russell 1000 Value ETF by 13.9% during the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock worth $763,000 after purchasing an additional 502 shares during the last quarter. Schnieders Capital Management LLC. grew its position in iShares Russell 1000 Value ETF by 39.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,876 shares of the exchange traded fund’s stock worth $753,000 after purchasing an additional 1,089 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth $3,847,000. Finally, Sei Investments Co. grew its position in iShares Russell 1000 Value ETF by 12.7% during the 2nd quarter. Sei Investments Co. now owns 32,275 shares of the exchange traded fund’s stock worth $6,269,000 after purchasing an additional 3,637 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.
iShares Russell 1000 Value ETF Stock Performance
Shares of iShares Russell 1000 Value ETF stock opened at $234.63 on Tuesday. The company has a market capitalization of $75.36 billion, a P/E ratio of 18.83 and a beta of 0.84. The company’s fifty day moving average is $221.29 and its two-hundred day moving average is $216.09. iShares Russell 1000 Value ETF has a 1 year low of $184.69 and a 1 year high of $235.11.
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). 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.
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