57,373 Shares in iShares Russell 1000 Value ETF $IWD Purchased by Krane Financial Solutions LLC

Krane Financial Solutions LLC acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 57,373 shares of the exchange traded fund’s stock, valued at approximately $12,259,000. iShares Russell 1000 Value ETF makes up approximately 8.3% of Krane Financial Solutions LLC’s investment portfolio, making the stock its 4th largest position.

Other hedge funds have also recently bought and sold shares of the company. Personal CFO Solutions LLC bought a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at about $1,539,000. Brown Miller Wealth Management LLC acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $1,213,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of iShares Russell 1000 Value ETF by 121.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 190,793 shares of the exchange traded fund’s stock worth $40,131,000 after acquiring an additional 104,778 shares during the last quarter. Oakworth Capital Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 3.2% in the fourth quarter. Oakworth Capital Inc. now owns 835,036 shares of the exchange traded fund’s stock worth $175,641,000 after acquiring an additional 25,803 shares during the last quarter. Finally, Washington Trust Bank boosted its stake in shares of iShares Russell 1000 Value ETF by 99.3% in the 4th quarter. Washington Trust Bank now owns 4,392 shares of the exchange traded fund’s stock valued at $924,000 after purchasing an additional 2,188 shares in the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.4%

Shares of iShares Russell 1000 Value ETF stock opened at $251.82 on Friday. The firm’s 50 day moving average is $243.68 and its 200 day moving average is $229.97. The firm has a market capitalization of $81.90 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1 year low of $191.64 and a 1 year high of $252.73.

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.