iShares Russell 1000 Value ETF $IWD Stake Increased by Nvest Financial LLC

Nvest Financial LLC increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 205.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,840 shares of the exchange traded fund’s stock after buying an additional 3,258 shares during the period. Nvest Financial LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,018,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Reyes Financial Architecture Inc. acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter worth $25,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $31,000. Grand Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $31,000. Eagle Bay Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $36,000. Finally, Key Capital Management INC bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $40,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $239.30 on Thursday. The company has a market capitalization of $76.86 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a one year low of $188.39 and a one year high of $240.11. The stock has a 50-day simple moving average of $227.40 and a 200 day simple moving average of $219.77.

iShares Russell 1000 Value ETF Profile

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.