Single Point Partners LLC Acquires Shares of 1,242 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Single Point Partners LLC acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,242 shares of the exchange traded fund’s stock, valued at approximately $230,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $32,000. Peterson Wealth Services acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth $32,000. Hantz Financial Services Inc. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth $35,000. Carmichael Hill & Associates Inc. increased its position in shares of 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 buying an additional 193 shares in the last quarter. Finally, Northwest Investment Counselors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth about $44,000.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $193.69 on Tuesday. iShares Russell 1000 Value ETF has a one year low of $164.34 and a one year high of $200.42. The stock has a market capitalization of $60.67 billion, a P/E ratio of 17.81 and a beta of 0.77. The company has a 50 day moving average price of $190.39 and a two-hundred day moving average price of $188.88.

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).