Hemington Wealth Management Buys 1,454 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Hemington Wealth Management increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 35.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,541 shares of the exchange traded fund’s stock after buying an additional 1,454 shares during the period. Hemington Wealth Management’s holdings in iShares Russell 1000 Value ETF were worth $993,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its holdings in iShares Russell 1000 Value ETF by 0.5% during the fourth quarter. Jones Financial Companies Lllp now owns 8,782,718 shares of the exchange traded fund’s stock worth $1,451,344,000 after buying an additional 47,471 shares during the last quarter. UBS Group AG boosted its position in shares of iShares Russell 1000 Value ETF by 6.4% during the fourth quarter. UBS Group AG now owns 7,412,758 shares of the exchange traded fund’s stock valued at $1,224,958,000 after buying an additional 444,862 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares Russell 1000 Value ETF by 21.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund’s stock worth $1,184,280,000 after buying an additional 1,282,817 shares in the last quarter. Wells Fargo & Company MN lifted its stake in iShares Russell 1000 Value ETF by 14.1% during the 4th quarter. Wells Fargo & Company MN now owns 4,909,518 shares of the exchange traded fund’s stock valued at $811,298,000 after acquiring an additional 608,062 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of iShares Russell 1000 Value ETF by 6.2% in the 4th quarter. Northern Trust Corp now owns 3,758,131 shares of the exchange traded fund’s stock worth $621,031,000 after acquiring an additional 220,344 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Up 1.1 %

Shares of IWD traded up $1.93 during trading hours on Thursday, reaching $177.54. 1,401,544 shares of the stock traded hands, compared to its average volume of 1,829,934. iShares Russell 1000 Value ETF has a 52 week low of $143.34 and a 52 week high of $179.56. The stock has a fifty day simple moving average of $175.34 and a 200 day simple moving average of $171.92. The company has a market cap of $55.61 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).