MFA Wealth Services Purchases New Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

MFA Wealth Services acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,646 shares of the exchange traded fund’s stock, valued at approximately $305,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IWD. Massachusetts Financial Services Co. MA increased its position in iShares Russell 1000 Value ETF by 13.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock worth $24,748,000 after acquiring an additional 14,966 shares during the period. Lake Hills Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter worth approximately $271,000. Comerica Bank raised its position in shares of iShares Russell 1000 Value ETF by 2.0% in the second quarter. Comerica Bank now owns 1,009,103 shares of the exchange traded fund’s stock valued at $176,058,000 after buying an additional 19,400 shares in the last quarter. Wedmont Private Capital boosted its stake in shares of iShares Russell 1000 Value ETF by 49.5% in the fourth quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock valued at $750,000 after buying an additional 1,351 shares during the period. Finally, Widmann Financial Services Inc. grew its position in iShares Russell 1000 Value ETF by 2.0% during the third quarter. Widmann Financial Services Inc. now owns 28,552 shares of the exchange traded fund’s stock worth $5,419,000 after buying an additional 561 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $193.95 on Friday. The stock’s fifty day moving average price is $191.07 and its two-hundred day moving average price is $187.56. The firm has a market cap of $60.75 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a one year low of $163.99 and a one year high of $200.42.

iShares Russell 1000 Value ETF 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).