iShares Russell 1000 Value ETF (NYSEARCA:IWD) Reaches New 1-Year High – Here’s What Happened

iShares Russell 1000 Value ETF (NYSEARCA:IWD) shares reached a new 52-week high on Friday . The stock traded as high as $241.90 and last traded at $241.62, with a volume of 276360 shares. The stock had previously closed at $239.78.

iShares Russell 1000 Value ETF Price Performance

The company has a market cap of $77.64 billion, a PE ratio of 18.83 and a beta of 0.84. The company’s fifty day moving average price is $230.48 and its 200 day moving average price is $221.27.

Institutional Trading of iShares Russell 1000 Value ETF

Hedge funds have recently modified their holdings of the business. Brighton Jones LLC boosted its stake in iShares Russell 1000 Value ETF by 8.9% in the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after purchasing an additional 2,981 shares in the last quarter. Bison Wealth LLC grew its stake in iShares Russell 1000 Value ETF by 13.9% in the fourth quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 502 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in iShares Russell 1000 Value ETF by 39.1% in the second quarter. Schnieders Capital Management LLC. now owns 3,876 shares of the exchange traded fund’s stock valued at $753,000 after purchasing an additional 1,089 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in iShares Russell 1000 Value ETF in the second quarter valued at about $3,847,000. Finally, Sei Investments Co. grew its stake in iShares Russell 1000 Value ETF by 12.7% in the second quarter. Sei Investments Co. now owns 32,275 shares of the exchange traded fund’s stock valued at $6,269,000 after purchasing an additional 3,637 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

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.