Eastern Bank Acquires 360 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Eastern Bank boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,348 shares of the exchange traded fund’s stock after purchasing an additional 360 shares during the period. Eastern Bank’s holdings in iShares Russell 1000 Value ETF were worth $6,174,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWD. Persium Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $295,000. Wedmont Private Capital increased its holdings in iShares Russell 1000 Value ETF by 49.5% in the fourth quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock valued at $750,000 after purchasing an additional 1,351 shares during the period. Winthrop Advisory Group LLC increased its holdings in iShares Russell 1000 Value ETF by 17.2% in the fourth quarter. Winthrop Advisory Group LLC now owns 17,457 shares of the exchange traded fund’s stock valued at $3,232,000 after purchasing an additional 2,561 shares during the period. Graypoint LLC increased its holdings in iShares Russell 1000 Value ETF by 1.8% in the fourth quarter. Graypoint LLC now owns 209,904 shares of the exchange traded fund’s stock valued at $38,860,000 after purchasing an additional 3,624 shares during the period. Finally, RMR Wealth Builders increased its holdings in iShares Russell 1000 Value ETF by 1.4% in the fourth quarter. RMR Wealth Builders now owns 137,418 shares of the exchange traded fund’s stock valued at $25,440,000 after purchasing an additional 1,940 shares during the period.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD traded up $1.38 on Monday, reaching $184.95. The company had a trading volume of 3,756,238 shares, compared to its average volume of 3,040,765. The firm has a market cap of $57.94 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a fifty-two week low of $160.98 and a fifty-two week high of $200.42. The business has a 50 day moving average of $191.62 and a two-hundred day moving average of $186.75.

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).