iShares Russell 1000 Value ETF (NYSEARCA:IWD) Hits New 12-Month High – What’s Next?

iShares Russell 1000 Value ETF (NYSEARCA:IWDGet Free Report)’s stock price hit a new 52-week high on Thursday . The company traded as high as $239.17 and last traded at $237.93, with a volume of 1187169 shares traded. The stock had previously closed at $238.30.

iShares Russell 1000 Value ETF Stock Performance

The business’s 50 day moving average price is $224.95 and its two-hundred day moving average price is $218.63. The company has a market capitalization of $76.42 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

Institutional Trading of iShares Russell 1000 Value ETF

Institutional investors have recently made changes to their positions in the stock. Security Financial Services INC. acquired a new stake in iShares Russell 1000 Value ETF during the first quarter valued at approximately $1,780,000. Glenmede Trust Co. NA lifted its stake in iShares Russell 1000 Value ETF by 29.7% during the first quarter. Glenmede Trust Co. NA now owns 79,251 shares of the exchange traded fund’s stock valued at $16,934,000 after purchasing an additional 18,160 shares during the last quarter. Wellington Grp LLC lifted its stake in iShares Russell 1000 Value ETF by 167.1% during the first quarter. Wellington Grp LLC now owns 1,039 shares of the exchange traded fund’s stock valued at $222,000 after purchasing an additional 650 shares during the last quarter. Arete Wealth Advisors LLC lifted its stake in iShares Russell 1000 Value ETF by 11.4% during the first quarter. Arete Wealth Advisors LLC now owns 47,462 shares of the exchange traded fund’s stock valued at $10,141,000 after purchasing an additional 4,839 shares during the last quarter. Finally, FinArc Investments Inc. acquired a new stake in iShares Russell 1000 Value ETF during the first quarter valued at approximately $845,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Company Profile

(Get Free Report)

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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