Indivisible Partners Makes New Investment in iShares Russell 1000 Value ETF $IWD

Indivisible Partners acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,711 shares of the exchange traded fund’s stock, valued at approximately $2,041,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWD. Reyes Financial Architecture Inc. purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $25,000. Holos Integrated Wealth LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $31,000. Grand Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $31,000. Eagle Bay Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $36,000. Finally, Key Capital Management INC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $40,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 1.1%

NYSEARCA:IWD opened at $232.03 on Wednesday. iShares Russell 1000 Value ETF has a 52 week low of $182.36 and a 52 week high of $232.52. The company has a market capitalization of $74.53 billion, a P/E ratio of 18.83 and a beta of 0.84. The stock’s fifty day moving average is $220.55 and its two-hundred day moving average is $215.24.

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). 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.