Nwam LLC Raises Stake in iShares Russell 1000 Value ETF $IWD

Nwam LLC boosted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.1% in the 2nd quarter, Holdings Channel reports. The firm owned 51,908 shares of the exchange traded fund’s stock after acquiring an additional 3,870 shares during the quarter. Nwam LLC’s holdings in iShares Russell 1000 Value ETF were worth $12,584,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at about $28,000. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter valued at approximately $29,000. C M Bidwell & Associates Ltd. bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter valued at approximately $30,000. Heritage Wealth Advisors purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $31,000. Finally, RMG Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the first quarter valued at approximately $40,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.5%

iShares Russell 1000 Value ETF stock opened at $256.91 on Tuesday. The firm’s 50 day simple moving average is $251.19 and its 200 day simple moving average is $235.55. The firm has a market capitalization of $83.47 billion, a PE ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a 1-year low of $199.13 and a 1-year high of $260.19.

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.