Clearwave Capital LLC purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,282 shares of the exchange traded fund’s stock, valued at approximately $1,952,000. iShares Russell 1000 Value ETF comprises 1.4% of Clearwave Capital LLC’s holdings, making the stock its 18th biggest holding.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in shares of iShares Russell 1000 Value ETF by 5.4% during the 4th quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after acquiring an additional 2,686,078 shares during the period. Morgan Stanley raised its stake in iShares Russell 1000 Value ETF by 9.0% in the 4th quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after acquiring an additional 3,280,476 shares during the period. Goldman Sachs Group Inc. raised its stake in iShares Russell 1000 Value ETF by 0.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock valued at $2,400,861,000 after acquiring an additional 85,365 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares Russell 1000 Value ETF by 3.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock valued at $1,946,005,000 after purchasing an additional 338,948 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in iShares Russell 1000 Value ETF by 20.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after purchasing an additional 995,230 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Price Performance
IWD stock opened at $242.18 on Friday. The company has a fifty day moving average price of $233.52 and a two-hundred day moving average price of $222.62. iShares Russell 1000 Value ETF has a one year low of $188.55 and a one year high of $245.51. The stock has a market cap of $77.79 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.
iShares Russell 1000 Value ETF 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.
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