ICA Group Wealth Management LLC Raises Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

ICA Group Wealth Management LLC grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 23.8% during the 4th quarter, HoldingsChannel reports. The fund owned 1,950 shares of the exchange traded fund’s stock after acquiring an additional 375 shares during the quarter. ICA Group Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $322,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IWD. GLOBALT Investments LLC GA purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth $330,977,000. Envestnet Asset Management Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 21.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund’s stock worth $1,184,280,000 after buying an additional 1,282,817 shares during the period. International Assets Investment Management LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 15,667.6% in the fourth quarter. International Assets Investment Management LLC now owns 1,258,097 shares of the exchange traded fund’s stock worth $207,901,000 after buying an additional 1,250,118 shares during the period. Comerica Bank bought a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at about $147,633,000. Finally, Cresset Asset Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 218.0% during the 4th quarter. Cresset Asset Management LLC now owns 1,230,179 shares of the exchange traded fund’s stock valued at $203,287,000 after acquiring an additional 843,389 shares during the period.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $173.69 on Tuesday. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $179.56. The business’s 50 day simple moving average is $174.64 and its two-hundred day simple moving average is $170.43. The stock has a market capitalization of $54.41 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).