iShares Russell 1000 Value ETF (NYSEARCA:IWD) Sees Unusually-High Trading Volume

Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) saw unusually-strong trading volume on Monday . Approximately 713,864 shares were traded during mid-day trading, a decline of 61% from the previous session’s volume of 1,823,777 shares.The stock last traded at $180.12 and had previously closed at $179.84.

iShares Russell 1000 Value ETF Stock Performance

The business has a 50 day moving average of $176.25 and a two-hundred day moving average of $172.97. The stock has a market capitalization of $56.02 billion, a PE ratio of 17.81 and a beta of 0.77.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Trust Co of the South purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $1,031,000. jvl associates llc purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $1,707,000. Columbia Trust Co 01012016 grew its position in iShares Russell 1000 Value ETF by 5.5% during the 4th quarter. Columbia Trust Co 01012016 now owns 1,778 shares of the exchange traded fund’s stock worth $294,000 after purchasing an additional 92 shares during the last quarter. IFG Advisory LLC increased its stake in iShares Russell 1000 Value ETF by 50.8% during the 4th quarter. IFG Advisory LLC now owns 8,009 shares of the exchange traded fund’s stock valued at $1,324,000 after purchasing an additional 2,697 shares in the last quarter. Finally, First Pacific Financial raised its holdings in shares of iShares Russell 1000 Value ETF by 1.2% in the fourth quarter. First Pacific Financial now owns 10,516 shares of the exchange traded fund’s stock worth $1,738,000 after buying an additional 129 shares during the last quarter.

About iShares Russell 1000 Value ETF

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).