Nvest Financial LLC Boosts Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Nvest Financial LLC grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,316 shares of the exchange traded fund’s stock after buying an additional 86 shares during the period. Nvest Financial LLC’s holdings in iShares Russell 1000 Value ETF were worth $799,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Verus Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at $264,000. Signature Wealth Management Partners LLC lifted its position in shares of iShares Russell 1000 Value ETF by 4.7% during the fourth quarter. Signature Wealth Management Partners LLC now owns 1,223 shares of the exchange traded fund’s stock worth $226,000 after purchasing an additional 55 shares during the last quarter. SteelPeak Wealth LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 17.1% in the fourth quarter. SteelPeak Wealth LLC now owns 1,675 shares of the exchange traded fund’s stock worth $310,000 after purchasing an additional 245 shares during the last quarter. David Kennon Inc increased its stake in iShares Russell 1000 Value ETF by 3.8% in the 4th quarter. David Kennon Inc now owns 6,882 shares of the exchange traded fund’s stock worth $1,274,000 after buying an additional 250 shares during the period. Finally, Perigon Wealth Management LLC lifted its holdings in iShares Russell 1000 Value ETF by 5.9% during the 4th quarter. Perigon Wealth Management LLC now owns 16,650 shares of the exchange traded fund’s stock valued at $3,166,000 after buying an additional 927 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $193.24 on Wednesday. The company has a market capitalization of $60.53 billion, a P/E ratio of 17.81 and a beta of 0.77. The company’s 50-day simple moving average is $191.09 and its two-hundred day simple moving average is $188.14. iShares Russell 1000 Value ETF has a one year low of $164.34 and a one year 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).