Horizon Wealth Management LLC Grows Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Horizon Wealth Management LLC grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 16.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,239 shares of the exchange traded fund’s stock after buying an additional 1,041 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 0.2% of Horizon Wealth Management LLC’s portfolio, making the stock its 28th largest holding. Horizon Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,340,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA raised its holdings in iShares Russell 1000 Value ETF by 13.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock worth $24,748,000 after purchasing an additional 14,966 shares during the period. Lake Hills Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter valued at $271,000. Fidelis Capital Partners LLC grew its position in shares of iShares Russell 1000 Value ETF by 1.8% in the second quarter. Fidelis Capital Partners LLC now owns 46,366 shares of the exchange traded fund’s stock valued at $8,105,000 after purchasing an additional 838 shares during the period. Comerica Bank increased its stake in shares of iShares Russell 1000 Value ETF by 2.0% during the second quarter. Comerica Bank now owns 1,009,103 shares of the exchange traded fund’s stock worth $176,058,000 after purchasing an additional 19,400 shares in the last quarter. Finally, Providence Capital Advisors LLC lifted its stake in iShares Russell 1000 Value ETF by 92.2% in the 2nd quarter. Providence Capital Advisors LLC now owns 740 shares of the exchange traded fund’s stock valued at $129,000 after buying an additional 355 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

IWD stock traded up $1.65 during trading on Monday, hitting $185.22. The stock had a trading volume of 4,139,144 shares, compared to its average volume of 3,094,917. The company’s 50-day moving average price is $191.62 and its two-hundred day moving average price is $186.75. iShares Russell 1000 Value ETF has a twelve month low of $160.98 and a twelve month high of $200.42. The stock has a market capitalization of $58.02 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).