Y Intercept Hong Kong Ltd purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,885 shares of the exchange traded fund’s stock, valued at approximately $2,112,000.
Other institutional investors also recently added to or reduced their stakes in the company. Proathlete Wealth Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 3.8% during the first quarter. Proathlete Wealth Management LLC now owns 153,566 shares of the exchange traded fund’s stock valued at $32,910,000 after purchasing an additional 5,665 shares in the last quarter. Elevation Point Wealth Partners LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 371.1% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 29,984 shares of the exchange traded fund’s stock worth $6,407,000 after buying an additional 23,619 shares in the last quarter. Platform Technology Partners raised its holdings in shares of iShares Russell 1000 Value ETF by 32.6% in the 1st quarter. Platform Technology Partners now owns 2,963 shares of the exchange traded fund’s stock worth $633,000 after buying an additional 729 shares in the last quarter. Prasad Wealth Partners LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter worth approximately $202,000. Finally, Root Financial Partners LLC boosted its stake in iShares Russell 1000 Value ETF by 5.4% in the 1st quarter. Root Financial Partners LLC now owns 4,927 shares of the exchange traded fund’s stock valued at $1,053,000 after buying an additional 252 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Price Performance
Shares of NYSEARCA:IWD opened at $245.20 on Thursday. The business’s fifty day moving average price is $238.39 and its two-hundred day moving average price is $225.84. iShares Russell 1000 Value ETF has a fifty-two week low of $191.64 and a fifty-two week high of $249.26. The stock has a market capitalization of $80.98 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.
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.
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