Fmr LLC Raises Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Fmr LLC lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.0% in the 4th quarter, HoldingsChannel reports. The firm owned 9,268,989 shares of the exchange traded fund’s stock after acquiring an additional 354,694 shares during the period. Fmr LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,715,968,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of IWD. Flagship Wealth Advisors LLC bought a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at about $26,000. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $32,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at approximately $32,000. VSM Wealth Advisory LLC purchased a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $34,000. Finally, Hantz Financial Services Inc. bought a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $35,000.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $170.39 on Monday. The company has a 50 day simple moving average of $190.40 and a two-hundred day simple moving average of $190.76. The firm has a market cap of $56.03 billion, a P/E ratio of 19.48 and a beta of 0.90. iShares Russell 1000 Value ETF has a 1-year low of $164.10 and a 1-year high of $200.42.

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).