Readystate Asset Management LP Takes $1.49 Million Position in iShares Russell 1000 Value ETF $IWD

Readystate Asset Management LP acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,972 shares of the exchange traded fund’s stock, valued at approximately $1,490,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Reyes Financial Architecture Inc. bought a new position in iShares Russell 1000 Value ETF in the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $28,000. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Value ETF during the first quarter valued at approximately $29,000. Grand Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $31,000. Finally, Heritage Wealth Advisors acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 1.0%

Shares of iShares Russell 1000 Value ETF stock opened at $249.52 on Thursday. The stock has a market capitalization of $81.28 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a twelve month low of $191.64 and a twelve month high of $252.73. The business’s 50 day simple moving average is $243.05 and its 200-day simple moving average is $229.58.

iShares Russell 1000 Value ETF 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.