14,161 Shares in iShares Russell 1000 Value ETF $IWD Purchased by Pullen Investment Management LLC

Pullen Investment Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 14,161 shares of the exchange traded fund’s stock, valued at approximately $2,979,000. iShares Russell 1000 Value ETF comprises 1.6% of Pullen Investment Management LLC’s holdings, making the stock its 18th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Clayton Financial Group LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $27,000. Holos Integrated Wealth LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $31,000. Clarity Asset Management Inc. bought a new stake in shares of iShares Russell 1000 Value ETF during the second quarter valued at approximately $35,000. Davis Capital Management acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at $38,000. Finally, Aberdeen Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the second quarter valued at $39,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $215.52 on Friday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $226.39. The stock has a fifty day moving average price of $219.44 and a 200 day moving average price of $212.06. The stock has a market cap of $70.35 billion, a P/E 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). 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.