Renaissance Technologies LLC Purchases 90,600 Shares of iShares Russell 1000 Value ETF $IWD

Renaissance Technologies LLC grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2,922.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 93,700 shares of the exchange traded fund’s stock after purchasing an additional 90,600 shares during the quarter. Renaissance Technologies LLC’s holdings in iShares Russell 1000 Value ETF were worth $20,021,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Personal CFO Solutions LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth $1,539,000. Brown Miller Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at $1,213,000. Massachusetts Financial Services Co. MA increased its position in iShares Russell 1000 Value ETF by 121.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 190,793 shares of the exchange traded fund’s stock worth $40,131,000 after purchasing an additional 104,778 shares in the last quarter. Oakworth Capital Inc. increased its position in iShares Russell 1000 Value ETF by 3.2% during the 4th quarter. Oakworth Capital Inc. now owns 835,036 shares of the exchange traded fund’s stock worth $175,641,000 after purchasing an additional 25,803 shares in the last quarter. Finally, Washington Trust Bank raised its stake in iShares Russell 1000 Value ETF by 99.3% in the 4th quarter. Washington Trust Bank now owns 4,392 shares of the exchange traded fund’s stock valued at $924,000 after purchasing an additional 2,188 shares during the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.5%

NYSEARCA:IWD opened at $250.71 on Friday. The firm has a market cap of $81.67 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The company’s 50-day moving average is $243.37 and its two-hundred day moving average is $229.81. iShares Russell 1000 Value ETF has a 12-month low of $191.64 and a 12-month high of $252.73.

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.