Equity Investment Corp Acquires 308,268 Shares of iShares Russell 1000 Value ETF $IWD

Equity Investment Corp lifted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 151.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 512,134 shares of the exchange traded fund’s stock after purchasing an additional 308,268 shares during the period. iShares Russell 1000 Value ETF comprises approximately 2.2% of Equity Investment Corp’s investment portfolio, making the stock its 22nd largest holding. Equity Investment Corp’s holdings in iShares Russell 1000 Value ETF were worth $107,722,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. 1ST Source Bank raised its stake in shares of iShares Russell 1000 Value ETF by 1.3% during the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after purchasing an additional 8,737 shares during the period. Brown Miller Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth about $1,213,000. Caprock Group LLC purchased a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth about $3,803,000. Focus Partners Advisor Solutions LLC increased its holdings in iShares Russell 1000 Value ETF by 32.6% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock worth $5,308,000 after acquiring an additional 6,380 shares during the last quarter. Finally, Claro Advisors LLC increased its holdings in iShares Russell 1000 Value ETF by 21.2% in the 3rd quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock worth $20,707,000 after acquiring an additional 17,760 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $239.78 on Friday. The business has a 50-day moving average of $230.48 and a 200 day moving average of $221.27. iShares Russell 1000 Value ETF has a fifty-two week low of $188.55 and a fifty-two week high of $241.35. The firm has a market cap of $77.02 billion, a P/E ratio of 18.83 and a beta of 0.84.

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). 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.