Spirepoint Private Client LLC Acquires New Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Spirepoint Private Client LLC acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,695 shares of the exchange traded fund’s stock, valued at approximately $304,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Jones Financial Companies Lllp raised its position in shares of iShares Russell 1000 Value ETF by 0.5% in the 4th quarter. Jones Financial Companies Lllp now owns 8,782,718 shares of the exchange traded fund’s stock valued at $1,451,344,000 after purchasing an additional 47,471 shares during the last quarter. UBS Group AG raised its position in shares of iShares Russell 1000 Value ETF by 6.4% in the 4th quarter. UBS Group AG now owns 7,412,758 shares of the exchange traded fund’s stock valued at $1,224,958,000 after purchasing an additional 444,862 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares Russell 1000 Value ETF by 21.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund’s stock valued at $1,184,280,000 after purchasing an additional 1,282,817 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of iShares Russell 1000 Value ETF by 14.1% in the 4th quarter. Wells Fargo & Company MN now owns 4,909,518 shares of the exchange traded fund’s stock valued at $811,298,000 after purchasing an additional 608,062 shares during the last quarter. Finally, Northern Trust Corp raised its position in shares of iShares Russell 1000 Value ETF by 6.2% in the 4th quarter. Northern Trust Corp now owns 3,758,131 shares of the exchange traded fund’s stock valued at $621,031,000 after purchasing an additional 220,344 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

IWD traded down $1.20 during trading on Friday, reaching $179.84. 4,755,977 shares of the company’s stock were exchanged, compared to its average volume of 1,831,820. iShares Russell 1000 Value ETF has a 1 year low of $143.34 and a 1 year high of $183.99. The stock has a market capitalization of $56.33 billion, a P/E ratio of 17.81 and a beta of 0.77. The company’s fifty day simple moving average is $176.11 and its 200-day simple moving average is $172.65.

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).