Breachway Investments LLC Buys Shares of 8,474 iShares Russell 1000 Value ETF $IWD

Breachway Investments LLC bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 8,474 shares of the exchange traded fund’s stock, valued at approximately $1,782,000. iShares Russell 1000 Value ETF accounts for 1.9% of Breachway Investments LLC’s holdings, making the stock its 15th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWD. Reyes Financial Architecture Inc. purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $25,000. Clayton Financial Group LLC purchased a new stake in iShares Russell 1000 Value ETF in the third quarter valued at approximately $27,000. Holos Integrated Wealth LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. Grand Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. Finally, Eagle Bay Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $36,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.1%

Shares of NYSEARCA IWD opened at $227.29 on Tuesday. The firm has a market cap of $73.40 billion, a price-to-earnings ratio of 18.83 and a beta of 0.85. iShares Russell 1000 Value ETF has a 52-week low of $171.13 and a 52-week high of $228.02. The business’s 50 day moving average is $219.80 and its two-hundred day moving average is $213.68.

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). 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.