iShares Russell 1000 Value ETF (NYSEARCA:IWD) is Objectivity Squared LLC’s 3rd Largest Position

Objectivity Squared LLC boosted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 42.3% during the 3rd quarter, Holdings Channel reports. The firm owned 73,632 shares of the exchange traded fund’s stock after acquiring an additional 21,873 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 9.6% of Objectivity Squared LLC’s investment portfolio, making the stock its 3rd largest position. Objectivity Squared LLC’s holdings in iShares Russell 1000 Value ETF were worth $13,868,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Oarsman Capital Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $2,613,000. Raymond James & Associates increased its stake in shares of iShares Russell 1000 Value ETF by 0.3% in the second quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after acquiring an additional 11,960 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of iShares Russell 1000 Value ETF by 8.8% during the second quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock worth $151,194,000 after purchasing an additional 70,330 shares during the last quarter. Empowered Funds LLC acquired a new position in iShares Russell 1000 Value ETF during the first quarter valued at $290,000. Finally, Childress Capital Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $507,000.

iShares Russell 1000 Value ETF Stock Up 0.3 %

Shares of IWD stock traded up $0.52 on Wednesday, hitting $189.06. The company had a trading volume of 283,216 shares, compared to its average volume of 1,747,623. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $190.37. The firm has a market cap of $59.22 billion, a P/E ratio of 17.81 and a beta of 0.77. The company has a 50-day moving average price of $184.68 and a 200-day moving average price of $178.94.

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).