iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Purchased by Ballast Inc.

Ballast Inc. grew its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.3% in the 4th quarter, HoldingsChannel reports. The firm owned 35,804 shares of the exchange traded fund’s stock after purchasing an additional 460 shares during the quarter. iShares Russell 1000 Value ETF makes up 1.9% of Ballast Inc.’s holdings, making the stock its 16th biggest holding. Ballast Inc.’s holdings in iShares Russell 1000 Value ETF were worth $6,629,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA grew its position in shares of iShares Russell 1000 Value ETF by 13.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock valued at $24,748,000 after buying an additional 14,966 shares during the last quarter. Lake Hills Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth $271,000. Fidelis Capital Partners LLC increased its stake in shares of iShares Russell 1000 Value ETF by 1.8% during the second quarter. Fidelis Capital Partners LLC now owns 46,366 shares of the exchange traded fund’s stock worth $8,105,000 after acquiring an additional 838 shares during the period. Comerica Bank lifted its position in iShares Russell 1000 Value ETF by 2.0% in the second quarter. Comerica Bank now owns 1,009,103 shares of the exchange traded fund’s stock valued at $176,058,000 after purchasing an additional 19,400 shares during the period. Finally, Wedmont Private Capital increased its position in iShares Russell 1000 Value ETF by 49.5% during the 4th quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock worth $750,000 after purchasing an additional 1,351 shares during the period.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $191.48 on Friday. The firm has a market capitalization of $59.98 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $160.98 and a 1-year high of $200.42. The business’s fifty day moving average price is $191.24 and its 200 day moving average price is $187.07.

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).