Stock Traders Purchase High Volume of Put Options on iShares Russell 1000 Value ETF (NYSEARCA:IWD)

iShares Russell 1000 Value ETF (NYSEARCA:IWD) was the recipient of some unusual options trading on Thursday. Stock investors acquired 2,050 put options on the company. This represents an increase of approximately 491% compared to the average daily volume of 347 put options.

Institutional Trading of iShares Russell 1000 Value ETF

A number of hedge funds have recently made changes to their positions in the stock. Morgan Stanley boosted its stake in iShares Russell 1000 Value ETF by 9.0% during the 4th quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after acquiring an additional 3,280,476 shares during the last quarter. Bank of America Corp DE increased its position in shares of iShares Russell 1000 Value ETF by 5.4% in the 4th quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after purchasing an additional 2,686,078 shares during the last quarter. 71 West Capital Partners bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth about $240,065,000. Wells Fargo & Company MN increased its position in shares of iShares Russell 1000 Value ETF by 20.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock worth $1,240,116,000 after purchasing an additional 995,230 shares during the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of iShares Russell 1000 Value ETF by 324.3% in the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock valued at $254,645,000 after purchasing an additional 910,889 shares in the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.4%

IWD stock opened at $251.82 on Friday. iShares Russell 1000 Value ETF has a 52-week low of $191.64 and a 52-week high of $252.73. The stock’s 50 day moving average is $243.68 and its two-hundred day moving average is $229.97. The company has a market capitalization of $82.03 billion, a PE 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.