Equity Investment Corp Buys 84,257 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Equity Investment Corp increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 117.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 155,993 shares of the exchange traded fund’s stock after acquiring an additional 84,257 shares during the period. Equity Investment Corp’s holdings in iShares Russell 1000 Value ETF were worth $27,216,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of IWD. 9258 Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth approximately $229,000. Massachusetts Financial Services Co. MA raised its position in iShares Russell 1000 Value ETF by 130.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 370,945 shares of the exchange traded fund’s stock valued at $61,299,000 after purchasing an additional 210,203 shares during the last quarter. Moran Wealth Management LLC acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter worth $723,000. Foundations Investment Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 21.8% during the fourth quarter. Foundations Investment Advisors LLC now owns 3,377 shares of the exchange traded fund’s stock worth $564,000 after purchasing an additional 605 shares during the last quarter. Finally, Kingsview Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 25.9% in the fourth quarter. Kingsview Wealth Management LLC now owns 21,434 shares of the exchange traded fund’s stock valued at $3,542,000 after buying an additional 4,403 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.5 %

Shares of NYSEARCA IWD opened at $184.67 on Friday. The company has a market cap of $57.85 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12-month low of $143.34 and a 12-month high of $188.47. The firm’s 50-day simple moving average is $181.31 and its 200 day simple moving average is $177.00.

About iShares Russell 1000 Value ETF

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).