iShares Russell 1000 Value Index (NYSE:IWD) saw a large increase in short interest in the month of July. As of July 14th, there was short interest totalling 1,331,564 shares, an increase of 122.4% from the June 30th total of 598,710 shares. Based on an average daily volume of 1,678,495 shares, the short-interest ratio is presently 0.8 days.

Hedge funds have recently made changes to their positions in the stock. Gibson Capital LLC raised its stake in shares of iShares Russell 1000 Value Index by 22.9% in the second quarter. Gibson Capital LLC now owns 2,146 shares of the exchange traded fund’s stock worth $247,000 after buying an additional 400 shares during the last quarter. Honkamp Krueger Financial Services Inc. raised its stake in shares of iShares Russell 1000 Value Index by 23.3% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 2,157 shares of the exchange traded fund’s stock worth $251,000 after buying an additional 408 shares during the last quarter. Retirement Planning Group raised its stake in shares of iShares Russell 1000 Value Index by 4.5% in the second quarter. Retirement Planning Group now owns 2,371 shares of the exchange traded fund’s stock worth $276,000 after buying an additional 103 shares during the last quarter. Meridian Wealth Management LLC raised its stake in shares of iShares Russell 1000 Value Index by 2.6% in the second quarter. Meridian Wealth Management LLC now owns 2,432 shares of the exchange traded fund’s stock worth $283,000 after buying an additional 62 shares during the last quarter. Finally, Carroll Financial Associates Inc. raised its stake in shares of iShares Russell 1000 Value Index by 12.0% in the second quarter. Carroll Financial Associates Inc. now owns 2,846 shares of the exchange traded fund’s stock worth $331,000 after buying an additional 305 shares during the last quarter.

iShares Russell 1000 Value Index (NYSE IWD) opened at 117.20 on Tuesday. The firm’s 50-day moving average is $116.46 and its 200-day moving average is $115.15. iShares Russell 1000 Value Index has a 52-week low of $102.07 and a 52-week high of $121.24.

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 12th. Stockholders of record on Monday, July 10th were paid a dividend of $0.7172 per share. This represents a $2.87 dividend on an annualized basis and a dividend yield of 2.45%. This is a positive change from iShares Russell 1000 Value Index’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend was Thursday, July 6th.

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iShares Russell 1000 Value Index 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).

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