iShares Russell 1000 Value ETF (NYSEARCA:IWD) Stock Position Raised by Matrix Private Capital Group LLC

Matrix Private Capital Group LLC boosted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 21.5% in the second quarter, Holdings Channel reports. The institutional investor owned 1,597 shares of the exchange traded fund’s stock after acquiring an additional 283 shares during the quarter. Matrix Private Capital Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $279,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $25,000. Opal Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $28,000. Concord Wealth Partners lifted its position in iShares Russell 1000 Value ETF by 70.4% in the 1st quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 69 shares in the last quarter. Family Firm Inc. purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $37,000. Finally, New England Capital Financial Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $40,000.

iShares Russell 1000 Value ETF Stock Up 0.7 %

IWD stock opened at $188.56 on Friday. iShares Russell 1000 Value ETF has a 12-month low of $143.34 and a 12-month high of $190.01. The company has a market cap of $59.07 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The company has a 50 day moving average of $183.21 and a two-hundred day moving average of $178.04.

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).