Invesco Ltd. Takes Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Invesco Ltd. bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 3,424 shares of the exchange traded fund’s stock, valued at approximately $634,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWD. Confluence Investment Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $5,253,000. GAMMA Investing LLC grew its position in iShares Russell 1000 Value ETF by 34.1% in the 4th quarter. GAMMA Investing LLC now owns 13,332 shares of the exchange traded fund’s stock valued at $2,468,000 after acquiring an additional 3,391 shares during the last quarter. Stairway Partners LLC increased its stake in iShares Russell 1000 Value ETF by 3.6% in the fourth quarter. Stairway Partners LLC now owns 1,235,849 shares of the exchange traded fund’s stock worth $228,793,000 after purchasing an additional 42,875 shares during the period. First County Bank CT purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $322,000. Finally, InvesTrust bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $2,107,000.

iShares Russell 1000 Value ETF Trading Up 1.5 %

NYSEARCA IWD opened at $184.90 on Friday. The stock has a market cap of $61.46 billion, a PE ratio of 18.54 and a beta of 0.90. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $200.42. The company’s 50-day moving average price is $182.98 and its 200-day moving average price is $188.86.

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).