New Age Alpha Advisors LLC Acquires Shares of 8,060 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

New Age Alpha Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,060 shares of the exchange traded fund’s stock, valued at approximately $1,492,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. JPMorgan Chase & Co. increased its position in iShares Russell 1000 Value ETF by 7.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,252,043 shares of the exchange traded fund’s stock valued at $1,712,831,000 after buying an additional 671,710 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth $972,637,000. M&T Bank Corp increased its holdings in shares of iShares Russell 1000 Value ETF by 4.9% during the fourth quarter. M&T Bank Corp now owns 3,720,837 shares of the exchange traded fund’s stock valued at $688,838,000 after acquiring an additional 173,058 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares Russell 1000 Value ETF by 12.9% in the 4th quarter. LPL Financial LLC now owns 3,720,195 shares of the exchange traded fund’s stock worth $688,720,000 after purchasing an additional 426,218 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in iShares Russell 1000 Value ETF by 4.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,386,955 shares of the exchange traded fund’s stock worth $627,027,000 after purchasing an additional 139,689 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $186.27 on Monday. The company has a market capitalization of $60.25 billion, a price-to-earnings ratio of 19.31 and a beta of 0.97. iShares Russell 1000 Value ETF has a one year low of $168.85 and a one year high of $200.42. The company’s 50-day moving average is $191.37 and its 200 day moving average is $190.87.

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).