iShares Russell 1000 Value ETF (NYSEARCA:IWD) Sets New 52-Week High – What’s Next?

iShares Russell 1000 Value ETF (NYSEARCA:IWD) reached a new 52-week high during trading on Friday . The stock traded as high as $200.42 and last traded at $199.79, with a volume of 991803 shares. The stock had previously closed at $199.32.

iShares Russell 1000 Value ETF Trading Up 0.2 %

The firm has a market cap of $62.58 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The stock’s fifty day moving average price is $191.92 and its 200-day moving average price is $183.65.

Hedge Funds Weigh In On iShares Russell 1000 Value ETF

Institutional investors have recently bought and sold shares of the company. International Assets Investment Management LLC increased its stake in shares of iShares Russell 1000 Value ETF by 20,632.6% during the third quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock worth $267,150,000 after buying an additional 1,400,744 shares during the period. BNP Paribas Financial Markets grew its holdings in iShares Russell 1000 Value ETF by 1,200,216.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after acquiring an additional 780,141 shares in the last quarter. Strategic Financial Concepts LLC increased its position in shares of iShares Russell 1000 Value ETF by 17,863.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 414,955 shares of the exchange traded fund’s stock valued at $724,000 after purchasing an additional 412,645 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 31.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,122,375 shares of the exchange traded fund’s stock worth $195,821,000 after purchasing an additional 269,405 shares during the last quarter. Finally, FSA Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the third quarter worth $48,404,000.

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).