NewEdge Wealth LLC Buys 61,931 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

NewEdge Wealth LLC boosted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 241.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,541 shares of the exchange traded fund’s stock after purchasing an additional 61,931 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $16,206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Peterson Wealth Services bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $32,000. Hantz Financial Services Inc. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $35,000. Carmichael Hill & Associates Inc. boosted its stake in iShares Russell 1000 Value ETF by 536.1% in the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 193 shares in the last quarter. Howe & Rusling Inc. grew its holdings in iShares Russell 1000 Value ETF by 144.1% in the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 147 shares during the last quarter. Finally, Centricity Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $46,000.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $192.41 on Thursday. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year high of $200.42. The business has a fifty day moving average price of $190.52 and a 200-day moving average price of $190.16. The stock has a market capitalization of $61.89 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98.

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).