Renaissance Technologies LLC raised its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 2,922.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 93,700 shares of the exchange traded fund’s stock after purchasing an additional 90,600 shares during the period. Renaissance Technologies LLC’s holdings in iShares Russell 1000 Value ETF were worth $20,021,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. M.D. Sass LLC increased its holdings in iShares Russell 1000 Value ETF by 45.0% in the 1st quarter. M.D. Sass LLC now owns 32,984 shares of the exchange traded fund’s stock worth $7,048,000 after buying an additional 10,233 shares in the last quarter. Modern Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF during the 1st quarter valued at about $1,238,000. Keebeck Wealth Management boosted its holdings in shares of iShares Russell 1000 Value ETF by 27.1% during the 1st quarter. Keebeck Wealth Management now owns 1,703 shares of the exchange traded fund’s stock valued at $364,000 after acquiring an additional 363 shares during the last quarter. Aspen Grove Capital LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 1.5% during the 1st quarter. Aspen Grove Capital LLC now owns 4,583 shares of the exchange traded fund’s stock valued at $979,000 after acquiring an additional 67 shares during the last quarter. Finally, RMG Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the first quarter worth approximately $40,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Stock Up 0.5%
IWD opened at $250.71 on Friday. The firm has a 50 day moving average price of $243.37 and a 200-day moving average price of $229.81. iShares Russell 1000 Value ETF has a twelve month low of $191.64 and a twelve month high of $252.73. The stock has a market capitalization of $81.67 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.
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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