Fmr LLC Boosts Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Fmr LLC increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,268,989 shares of the exchange traded fund’s stock after purchasing an additional 354,694 shares during the quarter. Fmr LLC owned approximately 2.96% of iShares Russell 1000 Value ETF worth $1,715,968,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Flagship Wealth Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth $26,000. Peterson Wealth Services purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at $32,000. Halbert Hargrove Global Advisors LLC bought a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth about $32,000. VSM Wealth Advisory LLC purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth about $34,000. Finally, Hantz Financial Services Inc. bought a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at about $35,000.

iShares Russell 1000 Value ETF Trading Down 6.1 %

Shares of IWD stock opened at $170.39 on Monday. iShares Russell 1000 Value ETF has a 12-month low of $164.10 and a 12-month high of $200.42. The stock has a market capitalization of $56.03 billion, a P/E ratio of 19.48 and a beta of 0.90. The firm’s 50 day moving average is $190.40 and its 200 day moving average is $190.76.

iShares Russell 1000 Value ETF Company 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).