Hsbc Holdings PLC Grows Position in iShares Russell 1000 Value ETF $IWD

Hsbc Holdings PLC raised its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,873 shares of the exchange traded fund’s stock after acquiring an additional 6,534 shares during the period. Hsbc Holdings PLC’s holdings in iShares Russell 1000 Value ETF were worth $29,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of IWD. Cardiff Park Advisors LLC raised its stake in iShares Russell 1000 Value ETF by 0.6% during the fourth quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock valued at $1,563,000 after purchasing an additional 46 shares in the last quarter. Sax Wealth Advisors LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 0.5% in the 4th quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock worth $2,013,000 after buying an additional 49 shares during the last quarter. Cibc World Market Inc. raised its position in shares of iShares Russell 1000 Value ETF by 3.1% during the 4th quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock valued at $346,000 after buying an additional 49 shares in the last quarter. Capital Advantage Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.9% in the 4th quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock valued at $1,231,000 after acquiring an additional 51 shares during the last quarter. Finally, Tortoise Investment Management LLC grew its position in iShares Russell 1000 Value ETF by 2.5% in the third quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock worth $458,000 after acquiring an additional 54 shares in the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $241.00 on Thursday. iShares Russell 1000 Value ETF has a 1-year low of $191.25 and a 1-year high of $245.51. The business’s 50 day moving average is $234.66 and its two-hundred day moving average is $223.40. The stock has a market capitalization of $77.41 billion, a P/E ratio of 18.83 and a beta of 0.84.

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.