iShares Russell 1000 Value ETF $IWD Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 91.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,053,204 shares of the exchange traded fund’s stock after buying an additional 502,015 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares Russell 1000 Value ETF were worth $221,531,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $25,000. Holos Integrated Wealth LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. Grand Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. Eagle Bay Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $36,000. Finally, Key Capital Management INC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $40,000. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $237.96 on Friday. iShares Russell 1000 Value ETF has a 12 month low of $186.64 and a 12 month high of $239.17. The business has a 50 day simple moving average of $225.85 and a 200-day simple moving average of $219.00. The stock has a market capitalization of $76.43 billion, a PE ratio of 18.83 and a beta of 0.84.

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.