Sylvest Advisors LLC Purchases 14,464 Shares of iShares Russell 1000 Value ETF $IWD

Sylvest Advisors LLC grew its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 14.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 117,450 shares of the exchange traded fund’s stock after buying an additional 14,464 shares during the period. iShares Russell 1000 Value ETF makes up 13.2% of Sylvest Advisors LLC’s holdings, making the stock its biggest position. Sylvest Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $24,704,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Clayton Financial Group LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $27,000. Holos Integrated Wealth LLC bought a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $31,000. Clarity Asset Management Inc. acquired a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth about $35,000. Davis Capital Management acquired a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth about $38,000. Finally, Aberdeen Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the 2nd quarter valued at about $39,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $215.52 on Friday. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $226.39. The company’s 50 day moving average price is $219.44 and its two-hundred day moving average price is $212.06. The firm has a market cap of $70.35 billion, a PE ratio of 18.83 and a beta of 0.89.

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). 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.