iShares Russell 1000 Value ETF (NYSEARCA:IWD) Reaches New 1-Year High – Time to Buy?

iShares Russell 1000 Value ETF (NYSEARCA:IWDGet Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $220.00 and last traded at $220.3270, with a volume of 1850 shares traded. The stock had previously closed at $219.13.

iShares Russell 1000 Value ETF Stock Up 0.2%

The business’s 50 day simple moving average is $211.05 and its 200 day simple moving average is $204.42. The stock has a market cap of $69.80 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

Hedge Funds Weigh In On iShares Russell 1000 Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Clayton Financial Group LLC bought a new stake in iShares Russell 1000 Value ETF in the third quarter valued at approximately $27,000. Holos Integrated Wealth LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Advantage Trust Co acquired a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $29,000. RMG Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the 2nd quarter valued at $33,000. Finally, Access Investment Management LLC bought a new stake in iShares Russell 1000 Value ETF in the 2nd quarter valued at $35,000. Institutional investors own 84.93% of the company’s stock.

About iShares Russell 1000 Value ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.