18,641 Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD) Purchased by Baron Wealth Management LLC

Baron Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 18,641 shares of the exchange traded fund’s stock, valued at approximately $3,451,000. iShares Russell 1000 Value ETF comprises 1.6% of Baron Wealth Management LLC’s portfolio, making the stock its 9th largest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Renaissance Technologies LLC purchased a new position in iShares Russell 1000 Value ETF during the second quarter worth about $1,675,000. Sunbelt Securities Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 8.1% in the second quarter. Sunbelt Securities Inc. now owns 1,680 shares of the exchange traded fund’s stock valued at $293,000 after buying an additional 126 shares in the last quarter. Centennial Bank AR grew its holdings in iShares Russell 1000 Value ETF by 14.0% during the second quarter. Centennial Bank AR now owns 35,998 shares of the exchange traded fund’s stock worth $6,281,000 after acquiring an additional 4,416 shares during the period. Sanctuary Advisors LLC purchased a new position in iShares Russell 1000 Value ETF in the second quarter worth $16,960,000. Finally, Brightwater Advisory LLC acquired a new stake in iShares Russell 1000 Value ETF in the second quarter valued at $5,236,000.

iShares Russell 1000 Value ETF Stock Down 0.2 %

NYSEARCA:IWD opened at $192.93 on Thursday. The firm’s fifty day simple moving average is $191.09 and its 200-day simple moving average is $188.14. The stock has a market cap of $60.44 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a fifty-two week low of $164.34 and a fifty-two week high of $200.42.

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).