Alpha Cubed Investments LLC Acquires 865 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Alpha Cubed Investments LLC grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 63.2% in the fourth quarter, HoldingsChannel reports. The fund owned 2,234 shares of the exchange traded fund’s stock after purchasing an additional 865 shares during the quarter. Alpha Cubed Investments LLC’s holdings in iShares Russell 1000 Value ETF were worth $369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of IWD. Headinvest LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at $29,000. Peachtree Investment Partners LLC boosted its holdings in iShares Russell 1000 Value ETF by 84.8% in the 3rd quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 89 shares during the period. HHM Wealth Advisors LLC boosted its holdings in iShares Russell 1000 Value ETF by 60.2% in the 4th quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 71 shares during the period. BluePath Capital Management LLC bought a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth $36,000. Finally, Federated Hermes Inc. bought a new position in iShares Russell 1000 Value ETF in the 4th quarter worth $42,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $171.50 on Wednesday. The company has a market capitalization of $53.74 billion, a P/E ratio of 17.74 and a beta of 0.80. The company has a fifty day moving average of $173.85 and a 200 day moving average of $164.57. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $179.56.

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).