Lantz Financial LLC Buys New Shares in iShares Russell 1000 Value ETF $IWD

Lantz Financial LLC bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,959 shares of the exchange traded fund’s stock, valued at approximately $1,674,000.

A number of other hedge funds have also recently added to or reduced their stakes in IWD. Clayton Financial Group LLC purchased a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at about $27,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth approximately $31,000. Clarity Asset Management Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the second quarter worth approximately $35,000. Davis Capital Management purchased a new stake in iShares Russell 1000 Value ETF in the third quarter valued at approximately $38,000. Finally, Aberdeen Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter valued at approximately $39,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $210.05 on Monday. The firm has a market capitalization of $65.44 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $226.39. The company has a 50 day moving average price of $219.90 and a 200 day moving average price of $211.74.

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.