iShares Russell 1000 Value ETF Sees Unusually Large Options Volume (NYSEARCA:IWD)

iShares Russell 1000 Value ETF (NYSEARCA:IWD) was the target of some unusual options trading on Thursday. Investors purchased 2,050 put options on the stock. This represents an increase of 491% compared to the typical volume of 347 put options.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Brighton Jones LLC lifted its position in shares of iShares Russell 1000 Value ETF by 8.9% in the fourth quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after buying an additional 2,981 shares during the last quarter. Bison Wealth LLC raised its stake in shares of iShares Russell 1000 Value ETF by 13.9% in the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after acquiring an additional 502 shares in the last quarter. Schnieders Capital Management LLC. lifted its holdings in iShares Russell 1000 Value ETF by 39.1% in 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 bought a new stake in iShares Russell 1000 Value ETF during the second quarter worth approximately $3,847,000. Finally, Sei Investments Co. grew its holdings in iShares Russell 1000 Value ETF by 12.7% during the second quarter. Sei Investments Co. now owns 32,275 shares of the exchange traded fund’s stock valued at $6,269,000 after purchasing an additional 3,637 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD traded up $0.79 during trading hours on Thursday, hitting $250.31. The stock had a trading volume of 1,082,131 shares, compared to its average volume of 3,048,290. The firm’s 50-day moving average price is $243.05 and its two-hundred day moving average price is $229.58. iShares Russell 1000 Value ETF has a 52 week low of $191.64 and a 52 week high of $252.73. The company has a market capitalization of $81.54 billion, a P/E 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.