2,708 Shares in iShares Russell 1000 Value ETF $IWD Bought by SmartHarvest Portfolios LLC

SmartHarvest Portfolios LLC bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 2,708 shares of the exchange traded fund’s stock, valued at approximately $570,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Reyes Financial Architecture Inc. bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $25,000. Holos Integrated Wealth LLC bought a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $31,000. Grand Wealth Management LLC acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Eagle Bay Advisors LLC acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $36,000. Finally, Key Capital Management INC bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $40,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 1.9%

NYSEARCA IWD opened at $239.78 on Friday. iShares Russell 1000 Value ETF has a 12-month low of $188.55 and a 12-month high of $241.35. The company has a market capitalization of $77.02 billion, a PE ratio of 18.83 and a beta of 0.84. The firm’s 50 day moving average is $230.48 and its 200-day moving average is $221.27.

iShares Russell 1000 Value ETF Company 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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.