Berkshire Asset Management LLC PA Purchases 9,778 Shares of iShares Russell 1000 Value ETF $IWD

Berkshire Asset Management LLC PA increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 58.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 26,447 shares of the exchange traded fund’s stock after acquiring an additional 9,778 shares during the quarter. Berkshire Asset Management LLC PA’s holdings in iShares Russell 1000 Value ETF were worth $5,563,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Reyes Financial Architecture Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $28,000. Holos Integrated Wealth LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. Grand Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. Finally, Heritage Wealth Advisors bought a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $31,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $242.96 on Wednesday. iShares Russell 1000 Value ETF has a 1 year low of $188.55 and a 1 year high of $245.51. The firm has a market cap of $78.04 billion, a PE ratio of 18.83 and a beta of 0.84. The company has a 50 day simple moving average of $232.13 and a two-hundred day simple moving average of $222.03.

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.