iShares Russell 1000 Value ETF $IWD Stock Position Lifted by Bessemer Group Inc.

Bessemer Group Inc. grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 39.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 71,394 shares of the exchange traded fund’s stock after purchasing an additional 20,275 shares during the period. Bessemer Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $15,254,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Reyes Financial Architecture Inc. acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at about $25,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $28,000. MBM Wealth Consultants LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 1st quarter worth approximately $29,000. Heritage Wealth Advisors bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. Finally, Holos Integrated Wealth LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $248.03 on Friday. iShares Russell 1000 Value ETF has a 12 month low of $191.64 and a 12 month high of $250.50. The firm has a market capitalization of $81.81 billion, a PE ratio of 18.83 and a beta of 0.84. The company’s 50 day simple moving average is $240.67 and its 200 day simple moving average is $227.49.

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.