3,001 Shares in iShares Russell 1000 Value ETF $IWD Bought by Baron Wealth Management LLC

Baron Wealth Management LLC purchased 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 Securities and Exchange Commission. The institutional investor purchased 3,001 shares of the exchange traded fund’s stock, valued at approximately $631,000.

Several other large investors have also made changes to their positions in IWD. Clayton Financial Group LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the third quarter worth about $27,000. Holos Integrated Wealth LLC purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $31,000. Clarity Asset Management Inc. purchased a new position in iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $35,000. Davis Capital Management bought a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $38,000. Finally, Aberdeen Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $39,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $210.05 on Friday. The stock has a market capitalization of $65.44 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The company has a fifty day moving average of $219.90 and a 200 day moving average of $211.66. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $226.39.

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.