Capital International Investors Grows Position in iShares Russell 1000 Value ETF $IWD

Capital International Investors lifted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 239.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,859 shares of the exchange traded fund’s stock after purchasing an additional 14,720 shares during the quarter. Capital International Investors’ holdings in iShares Russell 1000 Value ETF were worth $4,421,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Reyes Financial Architecture Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth $25,000. Holos Integrated Wealth LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth $31,000. Grand Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth $31,000. Eagle Bay Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth $36,000. Finally, Key Capital Management INC purchased a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth $40,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.4%

NYSEARCA IWD opened at $238.17 on Wednesday. The stock has a market cap of $76.50 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a twelve month low of $188.55 and a twelve month high of $241.35. The stock has a fifty day simple moving average of $229.44 and a 200-day simple moving average of $220.76.

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.