Marshall Investment Management LLC Takes $52,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Marshall Investment Management LLC bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 275 shares of the exchange traded fund’s stock, valued at approximately $52,000.

Other hedge funds have also bought and sold shares of the company. Massachusetts Financial Services Co. MA raised its stake in iShares Russell 1000 Value ETF by 13.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock worth $24,748,000 after buying an additional 14,966 shares during the last quarter. Wedmont Private Capital raised its stake in iShares Russell 1000 Value ETF by 49.5% during the fourth quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock worth $750,000 after buying an additional 1,351 shares during the last quarter. Strategic Financial Concepts LLC raised its stake in iShares Russell 1000 Value ETF by 18,440.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock worth $77,881,000 after buying an additional 418,414 shares during the last quarter. Widmann Financial Services Inc. raised its stake in iShares Russell 1000 Value ETF by 2.0% during the third quarter. Widmann Financial Services Inc. now owns 28,552 shares of the exchange traded fund’s stock worth $5,419,000 after buying an additional 561 shares during the last quarter. Finally, Embree Financial Group raised its stake in iShares Russell 1000 Value ETF by 1.4% during the fourth quarter. Embree Financial Group now owns 6,433 shares of the exchange traded fund’s stock worth $1,191,000 after buying an additional 86 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Down 1.4 %

Shares of NYSEARCA IWD opened at $192.64 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42. The firm has a fifty day simple moving average of $190.23 and a 200 day simple moving average of $189.83. The company has a market capitalization of $60.34 billion, a PE ratio of 17.81 and a beta of 0.77.

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).