iShares Russell 1000 Value ETF $IWD is Genesis Private Wealth LLC’s 4th Largest Position

Genesis Private Wealth LLC lowered its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 61,579 shares of the exchange traded fund’s stock after selling 5,207 shares during the period. iShares Russell 1000 Value ETF comprises approximately 4.1% of Genesis Private Wealth LLC’s investment portfolio, making the stock its 4th biggest position. Genesis Private Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $13,158,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of IWD. 1ST Source Bank increased its holdings in iShares Russell 1000 Value ETF by 1.3% in the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after acquiring an additional 8,737 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its position in iShares Russell 1000 Value ETF by 32.6% during the third quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock worth $5,308,000 after acquiring an additional 6,380 shares during the period. Brown Miller Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $1,213,000. Claro Advisors LLC lifted its holdings in iShares Russell 1000 Value ETF by 21.2% during the third quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock valued at $20,707,000 after purchasing an additional 17,760 shares in the last quarter. Finally, Personal CFO Solutions LLC purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $1,539,000. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $242.18 on Friday. The firm has a market cap of $77.79 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The company’s 50-day simple moving average is $233.52 and its 200-day simple moving average is $222.62. iShares Russell 1000 Value ETF has a 52-week low of $188.55 and a 52-week high of $245.51.

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.