Capital International Investors Increases Stock Holdings in iShares Russell 1000 Value ETF $IWD

Capital International Investors boosted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 239.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 20,859 shares of the exchange traded fund’s stock after purchasing an additional 14,720 shares during the period. Capital International Investors’ holdings in iShares Russell 1000 Value ETF were worth $4,421,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. 1ST Source Bank boosted its holdings in iShares Russell 1000 Value ETF by 1.3% during the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock valued at $139,686,000 after acquiring an additional 8,737 shares during the period. Brown Miller Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at about $1,213,000. Caprock Group LLC acquired a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at about $3,803,000. Focus Partners Advisor Solutions LLC raised its position in iShares Russell 1000 Value ETF by 32.6% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock valued at $5,308,000 after purchasing an additional 6,380 shares in the last quarter. Finally, Claro Advisors LLC raised its position in iShares Russell 1000 Value ETF by 21.2% in the 3rd quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock valued at $20,707,000 after purchasing an additional 17,760 shares in the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $238.17 on Wednesday. The firm has a market capitalization of $76.50 billion, a P/E ratio of 18.83 and a beta of 0.84. The business’s 50-day moving average is $229.44 and its two-hundred day moving average is $220.76. iShares Russell 1000 Value ETF has a 1 year low of $188.55 and a 1 year high of $241.35.

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.