SlateStone Wealth LLC Acquires 7,906 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

SlateStone Wealth LLC boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 16.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,271 shares of the exchange traded fund’s stock after purchasing an additional 7,906 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 1.0% of SlateStone Wealth LLC’s holdings, making the stock its 29th largest position. SlateStone Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $10,417,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IWD. Peterson Wealth Services bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $32,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $32,000. Hantz Financial Services Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $35,000. Centricity Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $46,000. Finally, Howe & Rusling Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 144.1% in the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 147 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Up 1.8 %

Shares of IWD opened at $186.13 on Friday. iShares Russell 1000 Value ETF has a 1 year low of $168.85 and a 1 year high of $200.42. The stock has a 50 day simple moving average of $191.13 and a 200-day simple moving average of $190.64. The stock has a market cap of $60.20 billion, a PE ratio of 19.31 and a beta of 0.97.

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).