Vulcan Value Partners LLC acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,011 shares of the exchange traded fund’s stock, valued at approximately $1,749,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Evanson Financial LLC bought a new stake in iShares Russell 1000 Value ETF in the second quarter valued at about $3,582,000. Washington Trust Bank raised its stake in iShares Russell 1000 Value ETF by 99.3% during the fourth quarter. Washington Trust Bank now owns 4,392 shares of the exchange traded fund’s stock valued at $924,000 after buying an additional 2,188 shares in the last quarter. Jacksonville Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $661,000. NFJ Investment Group LLC grew its position in shares of iShares Russell 1000 Value ETF by 1,705.2% in the 4th quarter. NFJ Investment Group LLC now owns 41,105 shares of the exchange traded fund’s stock worth $8,646,000 after acquiring an additional 38,828 shares in the last quarter. Finally, Applied Finance Capital Management LLC grew its position in shares of iShares Russell 1000 Value ETF by 1,432.7% in the 4th quarter. Applied Finance Capital Management LLC now owns 97,035 shares of the exchange traded fund’s stock worth $20,410,000 after acquiring an additional 90,704 shares in the last quarter. Institutional investors own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Price Performance
Shares of IWD stock traded down $2.10 on Tuesday, hitting $255.53. 1,209,910 shares of the stock traded hands, compared to its average volume of 2,795,985. The company’s fifty day moving average is $252.97 and its 200 day moving average is $236.97. iShares Russell 1000 Value ETF has a 1-year low of $199.40 and a 1-year high of $260.19. The company has a market capitalization of $83.02 billion, a PE ratio of 18.83 and a beta of 0.83.
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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