Hsbc Holdings PLC Buys 23,168 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Hsbc Holdings PLC boosted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 17.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 157,857 shares of the exchange traded fund’s stock after purchasing an additional 23,168 shares during the period. Hsbc Holdings PLC’s holdings in iShares Russell 1000 Value ETF were worth $27,541,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. GLOBALT Investments LLC GA bought a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at $330,977,000. Envestnet Asset Management Inc. raised its position in 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 valued at $1,184,280,000 after purchasing an additional 1,282,817 shares during the last quarter. Alaska Permanent Fund Corp boosted its stake in shares of iShares Russell 1000 Value ETF by 85.8% during the first quarter. Alaska Permanent Fund Corp now owns 1,929,517 shares of the exchange traded fund’s stock valued at $345,596,000 after purchasing an additional 890,764 shares in the last quarter. Cresset Asset Management LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 218.0% during the fourth quarter. Cresset Asset Management LLC now owns 1,230,179 shares of the exchange traded fund’s stock worth $203,287,000 after purchasing an additional 843,389 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of iShares Russell 1000 Value ETF by 162.1% in the first quarter. Cetera Investment Advisers now owns 1,223,017 shares of the exchange traded fund’s stock valued at $219,055,000 after buying an additional 756,464 shares during the period.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $188.64 on Friday. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $189.77. The company has a market cap of $59.09 billion, a PE ratio of 17.81 and a beta of 0.77. The firm’s 50 day simple moving average is $182.77 and its 200 day simple moving average is $177.73.

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).