Federated Hermes Inc. Makes New Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Federated Hermes Inc. acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 255 shares of the exchange traded fund’s stock, valued at approximately $42,000.

Several other institutional investors have also recently modified their holdings of IWD. Atlas Brown Inc. lifted its stake in iShares Russell 1000 Value ETF by 0.6% in the fourth quarter. Atlas Brown Inc. now owns 12,302 shares of the exchange traded fund’s stock worth $2,033,000 after purchasing an additional 69 shares during the last quarter. Global Strategic Investment Solutions LLC increased its stake in iShares Russell 1000 Value ETF by 1.2% in the 4th quarter. Global Strategic Investment Solutions LLC now owns 5,701 shares of the exchange traded fund’s stock worth $942,000 after purchasing an additional 70 shares during the period. Benchmark Financial Wealth Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 2.0% in the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 3,653 shares of the exchange traded fund’s stock valued at $604,000 after purchasing an additional 71 shares during the last quarter. Sendero Wealth Management LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 1.3% during the fourth quarter. Sendero Wealth Management LLC now owns 5,766 shares of the exchange traded fund’s stock valued at $953,000 after purchasing an additional 73 shares during the period. Finally, Summit Trail Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 0.7% in the third quarter. Summit Trail Advisors LLC now owns 10,319 shares of the exchange traded fund’s stock worth $1,577,000 after purchasing an additional 74 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.2 %

Shares of NYSEARCA IWD opened at $174.87 on Wednesday. The firm’s fifty day moving average is $174.14 and its 200 day moving average is $165.38. iShares Russell 1000 Value ETF has a 52 week low of $143.34 and a 52 week high of $179.56. The company has a market cap of $54.78 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).