HighTower Advisors LLC Increases Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

HighTower Advisors LLC raised its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,065,883 shares of the exchange traded fund’s stock after acquiring an additional 80,225 shares during the period. HighTower Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $197,327,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $32,000. Halbert Hargrove Global Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $32,000. Hantz Financial Services Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $35,000. Centricity Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $46,000. Finally, Howe & Rusling Inc. raised its position in shares of iShares Russell 1000 Value ETF by 144.1% in the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 147 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $184.67 on Wednesday. The firm has a 50-day simple moving average of $191.20 and a two-hundred day simple moving average of $190.71. The company has a market cap of $59.40 billion, a P/E ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a fifty-two week low of $168.85 and a fifty-two week high of $200.42.

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).