iShares Russell 1000 Value ETF (NYSEARCA:IWD) Hits New 52-Week High at $137.26

iShares Russell 1000 Value ETF (NYSEARCA:IWD) shares reached a new 52-week high on Tuesday . The company traded as high as $137.26 and last traded at $137.26, with a volume of 10689 shares. The stock had previously closed at $136.96.

The stock’s 50 day simple moving average is $135.58 and its two-hundred day simple moving average is $130.03.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $1.1535 dividend. This represents a $4.61 dividend on an annualized basis and a yield of 3.36%. This is a positive change from iShares Russell 1000 Value ETF’s previous quarterly dividend of $0.70. The ex-dividend date was Monday, December 16th.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IWD. Griffin Asset Management Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $26,000. Larson Financial Group LLC raised its position in shares of iShares Russell 1000 Value ETF by 74.3% during the 4th quarter. Larson Financial Group LLC now owns 190 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 81 shares during the period. Gradient Investments LLC raised its position in shares of iShares Russell 1000 Value ETF by 515.4% during the 3rd quarter. Gradient Investments LLC now owns 240 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 201 shares during the period. Resources Management Corp CT ADV purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $34,000. Finally, Vista Private Wealth Partners. LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $36,000.

About iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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).

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