Next Capital Management LLC Grows Stock Position in iShares Russell 1000 Value ETF $IWD

Next Capital Management LLC boosted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 21,295 shares of the exchange traded fund’s stock after buying an additional 716 shares during the period. iShares Russell 1000 Value ETF makes up approximately 1.5% of Next Capital Management LLC’s holdings, making the stock its 18th largest holding. Next Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,136,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Truvestments Capital LLC purchased a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at $25,000. GKV Capital Management Co. Inc. purchased a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at $27,000. Advantage Trust Co purchased a new stake in iShares Russell 1000 Value ETF during the 2nd quarter valued at $29,000. RMG Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF during the 2nd quarter valued at $33,000. Finally, Access Investment Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter worth $35,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.2%

IWD stock opened at $204.06 on Tuesday. The business’s fifty day simple moving average is $203.07 and its two-hundred day simple moving average is $195.52. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $207.58. The firm has a market cap of $64.81 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

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).