iShares Russell 1000 Value ETF (NYSEARCA:IWD) Sees Unusually-High Trading Volume

iShares Russell 1000 Value ETF (NYSEARCA:IWD) saw an uptick in trading volume on Monday . 713,864 shares were traded during trading, a decline of 61% from the previous session’s volume of 1,823,777 shares.The stock last traded at $180.12 and had previously closed at $179.84.

iShares Russell 1000 Value ETF Stock Performance

The company has a 50-day moving average of $176.11 and a 200-day moving average of $172.71. The stock has a market capitalization of $56.57 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Triad Wealth Partners LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter valued at approximately $25,000. Partnership Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth $28,000. Opal Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth $28,000. CarsonAllaria Wealth Management Ltd. grew its position in iShares Russell 1000 Value ETF by 84.4% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 81 shares during the period. Finally, Access Investment Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth about $30,000.

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).