Arax Advisory Partners Buys New Position in iShares Russell 1000 Value ETF $IWD

Arax Advisory Partners bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 103,478 shares of the exchange traded fund’s stock, valued at approximately $21,766,000.

A number of other large investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after acquiring an additional 2,981 shares during the last quarter. Bison Wealth LLC raised its stake in iShares Russell 1000 Value ETF by 13.9% during the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after acquiring an additional 502 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in iShares Russell 1000 Value ETF by 39.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,876 shares of the exchange traded fund’s stock valued at $753,000 after acquiring an additional 1,089 shares during the last quarter. Qube Research & Technologies Ltd purchased a new stake in iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $3,847,000. Finally, Sei Investments Co. raised its stake in iShares Russell 1000 Value ETF by 12.7% during the 2nd quarter. Sei Investments Co. now owns 32,275 shares of the exchange traded fund’s stock valued at $6,269,000 after acquiring an additional 3,637 shares during the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Up 1.0%

IWD opened at $242.13 on Friday. The business has a 50 day moving average price of $231.02 and a two-hundred day moving average price of $221.41. The company has a market cap of $77.77 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52 week low of $188.55 and a 52 week high of $243.00.

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). 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.