Hanson & Doremus Investment Management Purchases 145 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Hanson & Doremus Investment Management grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 27,377 shares of the exchange traded fund’s stock after buying an additional 145 shares during the period. iShares Russell 1000 Value ETF accounts for 0.8% of Hanson & Doremus Investment Management’s portfolio, making the stock its 23rd largest position. Hanson & Doremus Investment Management’s holdings in iShares Russell 1000 Value ETF were worth $5,068,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Foster & Motley Inc. grew its position in iShares Russell 1000 Value ETF by 125.0% in the 4th quarter. Foster & Motley Inc. now owns 16,112 shares of the exchange traded fund’s stock valued at $2,983,000 after acquiring an additional 8,950 shares during the last quarter. Ibex Wealth Advisors purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth about $303,000. Hantz Financial Services Inc. bought a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at about $35,000. Nvest Financial LLC boosted its position in iShares Russell 1000 Value ETF by 2.0% in the 4th quarter. Nvest Financial LLC now owns 4,316 shares of the exchange traded fund’s stock valued at $799,000 after buying an additional 86 shares during the period. Finally, Verus Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF in the 4th quarter worth about $264,000.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $192.93 on Thursday. iShares Russell 1000 Value ETF has a fifty-two week low of $164.34 and a fifty-two week high of $200.42. The company has a market capitalization of $60.44 billion, a PE ratio of 17.81 and a beta of 0.77. The company has a 50 day moving average price of $191.09 and a 200-day moving average price of $188.14.

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).