Tidemark LLC Purchases Shares of 640 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Tidemark LLC acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 640 shares of the exchange traded fund’s stock, valued at approximately $106,000.

A number of other hedge funds have also recently made changes to their positions in IWD. Central Valley Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth about $5,394,000. InterOcean Capital Group LLC increased its stake in iShares Russell 1000 Value ETF by 11.0% during the 4th quarter. InterOcean Capital Group LLC now owns 6,706 shares of the exchange traded fund’s stock worth $1,108,000 after buying an additional 667 shares during the period. EverSource Wealth Advisors LLC boosted its position in iShares Russell 1000 Value ETF by 15.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 9,162 shares of the exchange traded fund’s stock valued at $1,514,000 after buying an additional 1,244 shares during the period. Wealth Dimensions Group Ltd. grew its stake in shares of iShares Russell 1000 Value ETF by 6.9% in the fourth quarter. Wealth Dimensions Group Ltd. now owns 12,244 shares of the exchange traded fund’s stock worth $2,023,000 after acquiring an additional 795 shares in the last quarter. Finally, Certified Advisory Corp purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $1,935,000.

iShares Russell 1000 Value ETF Trading Down 0.6 %

NYSEARCA:IWD traded down $1.10 during midday trading on Thursday, reaching $177.03. The company had a trading volume of 351,477 shares, compared to its average volume of 1,956,469. iShares Russell 1000 Value ETF has a 12-month low of $143.34 and a 12-month high of $179.56. The firm has a market capitalization of $55.45 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The stock’s fifty day simple moving average is $175.13 and its 200-day simple moving average is $167.61.

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).