Seneschal Advisors LLC Acquires Shares of 1,099 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Seneschal Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,099 shares of the exchange traded fund’s stock, valued at approximately $203,000.

Several other hedge funds have also added to or reduced their stakes in IWD. FMR LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 4.0% in the 4th quarter. FMR LLC now owns 9,268,989 shares of the exchange traded fund’s stock valued at $1,715,968,000 after purchasing an additional 354,694 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares Russell 1000 Value ETF by 7.8% during the fourth quarter. JPMorgan Chase & Co. now owns 9,252,043 shares of the exchange traded fund’s stock worth $1,712,831,000 after buying an additional 671,710 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares Russell 1000 Value ETF by 21.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock worth $1,458,306,000 after buying an additional 1,400,086 shares during the last quarter. Wells Fargo & Company MN grew its holdings in iShares Russell 1000 Value ETF by 36.6% during the fourth quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock valued at $1,163,360,000 after purchasing an additional 1,683,297 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $972,637,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $173.45 on Friday. The stock has a 50 day simple moving average of $187.83 and a 200 day simple moving average of $190.03. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $200.42. The firm has a market capitalization of $57.04 billion, a PE ratio of 19.48 and a beta of 0.90.

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).