Essex Savings Bank Increases Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Essex Savings Bank grew its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,749 shares of the exchange traded fund’s stock after buying an additional 113 shares during the period. Essex Savings Bank’s holdings in iShares Russell 1000 Value ETF were worth $509,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rathbones Group PLC increased its holdings in shares of iShares Russell 1000 Value ETF by 5.9% in the 2nd quarter. Rathbones Group PLC now owns 1,705 shares of the exchange traded fund’s stock worth $297,000 after purchasing an additional 95 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of iShares Russell 1000 Value ETF by 45.8% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 115,426 shares of the exchange traded fund’s stock valued at $20,138,000 after acquiring an additional 36,280 shares during the last quarter. Renaissance Technologies LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the second quarter valued at approximately $1,675,000. Moors & Cabot Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 31.4% during the 2nd quarter. Moors & Cabot Inc. now owns 2,223 shares of the exchange traded fund’s stock valued at $388,000 after purchasing an additional 531 shares during the period. Finally, Edgestream Partners L.P. purchased a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at about $742,000.

iShares Russell 1000 Value ETF Trading Up 1.1 %

Shares of IWD stock opened at $188.96 on Thursday. The company has a 50 day simple moving average of $191.52 and a two-hundred day simple moving average of $186.91. The stock has a market cap of $59.19 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12 month low of $160.98 and a 12 month high of $200.42.

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).