iShares Russell 1000 Value ETF (NYSEARCA:IWD) Hits New 52-Week High – Here’s What Happened

iShares Russell 1000 Value ETF (NYSEARCA:IWD)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $235.11 and last traded at $234.63, with a volume of 1577011 shares changing hands. The stock had previously closed at $233.90.

iShares Russell 1000 Value ETF Price Performance

The company has a market cap of $75.36 billion, a PE ratio of 18.83 and a beta of 0.84. The business has a 50-day moving average of $221.29 and a 200 day moving average of $216.09.

Institutional Trading of iShares Russell 1000 Value ETF

A number of hedge funds have recently bought and sold shares of the company. HORAN Wealth LLC increased its position in iShares Russell 1000 Value ETF by 100.0% during the first quarter. HORAN Wealth LLC now owns 6,606 shares of the exchange traded fund’s stock valued at $1,390,000 after acquiring an additional 3,303 shares during the last quarter. Glenview Trust Co increased its position in iShares Russell 1000 Value ETF by 0.4% during the first quarter. Glenview Trust Co now owns 21,051 shares of the exchange traded fund’s stock valued at $4,498,000 after acquiring an additional 84 shares during the last quarter. MWA Asset Management increased its position in iShares Russell 1000 Value ETF by 2.1% during the first quarter. MWA Asset Management now owns 3,800 shares of the exchange traded fund’s stock valued at $812,000 after acquiring an additional 78 shares during the last quarter. Allen Investment Management LLC increased its position in iShares Russell 1000 Value ETF by 33.5% during the first quarter. Allen Investment Management LLC now owns 20,282 shares of the exchange traded fund’s stock valued at $4,334,000 after acquiring an additional 5,094 shares during the last quarter. Finally, Grant Street Asset Management Inc. increased its position in iShares Russell 1000 Value ETF by 0.4% during the first quarter. Grant Street Asset Management Inc. now owns 12,762 shares of the exchange traded fund’s stock valued at $2,727,000 after acquiring an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

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.