iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Acquired by Independent Family Office LLC

Independent Family Office LLC increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 85,276 shares of the exchange traded fund’s stock after acquiring an additional 3,250 shares during the period. iShares Russell 1000 Value ETF comprises 8.2% of Independent Family Office LLC’s investment portfolio, making the stock its 4th biggest position. Independent Family Office LLC’s holdings in iShares Russell 1000 Value ETF were worth $15,787,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IWD. Raymond James Financial Inc. acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter worth approximately $972,637,000. BNP Paribas Financial Markets increased its holdings in iShares Russell 1000 Value ETF by 1,200,216.9% in the third quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after buying an additional 780,141 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in iShares Russell 1000 Value ETF by 18,440.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock worth $77,881,000 after buying an additional 418,414 shares during the last quarter. Equity Investment Corp increased its holdings in iShares Russell 1000 Value ETF by 291.7% in the fourth quarter. Equity Investment Corp now owns 439,833 shares of the exchange traded fund’s stock worth $81,426,000 after buying an additional 327,537 shares during the last quarter. Finally, Truist Financial Corp increased its holdings in iShares Russell 1000 Value ETF by 13.6% in the fourth quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock worth $463,076,000 after buying an additional 299,280 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $188.60 on Tuesday. The stock’s 50 day moving average price is $191.18 and its 200 day moving average price is $190.69. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week high of $200.42. The company has a market capitalization of $61.00 billion, a P/E 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).