Naples Global Advisors LLC Has $11.76 Million Stake in iShares Russell 1000 Value ETF $IWD

Naples Global Advisors LLC lifted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,896 shares of the exchange traded fund’s stock after purchasing an additional 2,440 shares during the quarter. iShares Russell 1000 Value ETF accounts for 0.9% of Naples Global Advisors LLC’s portfolio, making the stock its 18th largest position. Naples Global Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $11,757,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Reyes Financial Architecture Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $25,000. Holos Integrated Wealth LLC acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth $31,000. Grand Wealth Management LLC acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth $31,000. Eagle Bay Advisors LLC acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth $36,000. Finally, Key Capital Management INC acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth $40,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $233.90 on Monday. The stock has a fifty day moving average price of $220.93 and a two-hundred day moving average price of $215.68. iShares Russell 1000 Value ETF has a 52-week low of $184.61 and a 52-week high of $234.81. The firm has a market capitalization of $75.13 billion, a P/E ratio of 18.83 and a beta of 0.84.

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.