World Investment Advisors Increases Holdings in iShares Russell 1000 Value ETF $IWD

World Investment Advisors raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 107.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,282 shares of the exchange traded fund’s stock after acquiring an additional 9,969 shares during the period. World Investment Advisors’ holdings in iShares Russell 1000 Value ETF were worth $4,056,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Union Savings Bank bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth approximately $149,000. Hsbc Holdings PLC increased its position in shares of iShares Russell 1000 Value ETF by 4.8% during the fourth quarter. Hsbc Holdings PLC now owns 141,873 shares of the exchange traded fund’s stock valued at $29,841,000 after acquiring an additional 6,534 shares in the last quarter. Cedarwood Wealth LLC purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $555,000. Bayban purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $375,000. Finally, Rehmann Capital Advisory Group lifted its position in iShares Russell 1000 Value ETF by 49.9% in the 4th quarter. Rehmann Capital Advisory Group now owns 39,225 shares of the exchange traded fund’s stock valued at $8,251,000 after acquiring an additional 13,056 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.4%

Shares of IWD opened at $238.17 on Wednesday. The company has a market cap of $76.50 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The business’s fifty day simple moving average is $229.44 and its two-hundred day simple moving average is $220.76. iShares Russell 1000 Value ETF has a 12 month low of $188.55 and a 12 month high of $241.35.

iShares Russell 1000 Value ETF Company 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.