Equitable Trust Co. Buys New Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Equitable Trust Co. bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 19,029 shares of the exchange traded fund’s stock, valued at approximately $3,523,000.

A number of other hedge funds have also added to or reduced their stakes in IWD. Massachusetts Financial Services Co. MA grew its position in shares of iShares Russell 1000 Value ETF by 13.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock valued at $24,748,000 after acquiring an additional 14,966 shares during the period. Lake Hills Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $271,000. Strategic Financial Concepts LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 18,440.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock worth $77,881,000 after buying an additional 418,414 shares during the last quarter. Wedmont Private Capital lifted its stake in shares of iShares Russell 1000 Value ETF by 49.5% during the 4th quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock worth $750,000 after buying an additional 1,351 shares during the last quarter. Finally, Widmann Financial Services Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 2.0% during the 3rd quarter. Widmann Financial Services Inc. now owns 28,552 shares of the exchange traded fund’s stock worth $5,419,000 after buying an additional 561 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $193.25 on Monday. The firm has a 50-day moving average of $190.39 and a 200-day moving average of $188.81. The stock has a market cap of $60.54 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52-week low of $164.34 and a 52-week 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).