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

HB Wealth Management LLC grew its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.8% in the fourth quarter, HoldingsChannel reports. The firm owned 165,280 shares of the exchange traded fund’s stock after buying an additional 1,360 shares during the quarter. HB Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $30,598,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its position in iShares Russell 1000 Value ETF by 20,632.6% during the third quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock valued at $267,150,000 after purchasing an additional 1,400,744 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of iShares Russell 1000 Value ETF by 1,200,216.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock valued at $148,083,000 after acquiring an additional 780,141 shares during the last quarter. FSA Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $48,404,000. Kovitz Investment Group Partners LLC boosted its position in shares of iShares Russell 1000 Value ETF by 24.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 825,144 shares of the exchange traded fund’s stock valued at $156,612,000 after buying an additional 162,971 shares during the period. Finally, Stairway Partners LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 13.9% during the 3rd quarter. Stairway Partners LLC now owns 1,192,974 shares of the exchange traded fund’s stock worth $226,426,000 after acquiring an additional 145,967 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

IWD stock traded up $1.35 during midday trading on Friday, reaching $191.48. The company’s stock had a trading volume of 2,497,448 shares, compared to its average volume of 3,130,413. The firm has a market capitalization of $59.98 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1 year low of $160.98 and a 1 year high of $200.42. The stock has a fifty day simple moving average of $191.32 and a two-hundred day simple moving average of $186.95.

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).