3,700 Shares in iShares Russell 1000 Value ETF $IWD Purchased by Brass Tax Wealth Management Inc.

Brass Tax Wealth Management Inc. purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,700 shares of the exchange traded fund’s stock, valued at approximately $753,000.

A number of other hedge funds have also added to or reduced their stakes in IWD. Anchor Investment Management LLC grew its holdings in iShares Russell 1000 Value ETF by 2.1% during the third quarter. Anchor Investment Management LLC now owns 7,748 shares of the exchange traded fund’s stock worth $1,577,000 after buying an additional 162 shares in the last quarter. Alliancebernstein L.P. raised its position in iShares Russell 1000 Value ETF by 3.2% in the 3rd quarter. Alliancebernstein L.P. now owns 387,794 shares of the exchange traded fund’s stock valued at $78,951,000 after buying an additional 11,850 shares during the last quarter. AQR Capital Management LLC lifted its stake in iShares Russell 1000 Value ETF by 7.9% during the 3rd quarter. AQR Capital Management LLC now owns 141,753 shares of the exchange traded fund’s stock valued at $28,860,000 after acquiring an additional 10,360 shares in the last quarter. Raymond James Financial Inc. lifted its stake in iShares Russell 1000 Value ETF by 3.5% during the 3rd quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock valued at $1,049,492,000 after acquiring an additional 176,135 shares in the last quarter. Finally, Equitable Holdings Inc. boosted its holdings in iShares Russell 1000 Value ETF by 6.1% during the 3rd quarter. Equitable Holdings Inc. now owns 352,081 shares of the exchange traded fund’s stock worth $71,680,000 after acquiring an additional 20,132 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $214.74 on Friday. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $226.39. The firm has a market cap of $66.90 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The company has a fifty day moving average price of $220.58 and a 200-day moving average price of $210.80.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.