World Investment Advisors Raises Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

World Investment Advisors raised its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 40.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,159 shares of the exchange traded fund’s stock after purchasing an additional 2,355 shares during the quarter. World Investment Advisors’ holdings in iShares Russell 1000 Value ETF were worth $1,511,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Flagship Wealth Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $26,000. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $32,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $32,000. VSM Wealth Advisory LLC acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $34,000. Finally, Hantz Financial Services Inc. purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $35,000.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $170.39 on Friday. The firm has a market capitalization of $56.03 billion, a P/E ratio of 19.48 and a beta of 0.90. The stock has a 50-day simple moving average of $190.40 and a two-hundred day simple moving average of $190.73. iShares Russell 1000 Value ETF has a fifty-two week low of $168.85 and a fifty-two week high of $200.42.

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).