Baron Wealth Management LLC Purchases Shares of 3,001 iShares Russell 1000 Value ETF $IWD

Baron Wealth Management LLC acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,001 shares of the exchange traded fund’s stock, valued at approximately $631,000.

Several other hedge funds have also modified their holdings of IWD. Brighton Jones LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 8.9% in the fourth quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after purchasing an additional 2,981 shares in the last quarter. Bison Wealth LLC raised its stake in iShares Russell 1000 Value ETF by 13.9% during the fourth quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 502 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in iShares Russell 1000 Value ETF by 39.1% during the second quarter. Schnieders Capital Management LLC. now owns 3,876 shares of the exchange traded fund’s stock valued at $753,000 after purchasing an additional 1,089 shares during the last quarter. Legal & General Group Plc lifted its position in iShares Russell 1000 Value ETF by 6.9% during the second quarter. Legal & General Group Plc now owns 40,755 shares of the exchange traded fund’s stock valued at $7,915,000 after purchasing an additional 2,629 shares during the last quarter. Finally, Ameritas Investment Partners Inc. lifted its position in iShares Russell 1000 Value ETF by 11.8% during the second quarter. Ameritas Investment Partners Inc. now owns 1,869 shares of the exchange traded fund’s stock valued at $363,000 after purchasing an additional 198 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Down 1.2%

Shares of NYSEARCA:IWD opened at $210.05 on Friday. The firm has a fifty day simple moving average of $219.90 and a two-hundred day simple moving average of $211.66. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $226.39. The stock has a market capitalization of $65.44 billion, a P/E ratio of 18.83 and a beta of 0.89.

About iShares Russell 1000 Value ETF

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.