Finley Financial LLC Purchases Shares of 37,912 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Finley Financial LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, Holdings Channel reports. The firm bought 37,912 shares of the exchange traded fund’s stock, valued at approximately $7,164,000. iShares Russell 1000 Value ETF makes up about 3.7% of Finley Financial LLC’s portfolio, making the stock its 10th biggest holding.

A number of other hedge funds have also recently modified their holdings of IWD. International Assets Investment Management LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 20,632.6% in the third quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock worth $267,150,000 after buying an additional 1,400,744 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of iShares Russell 1000 Value ETF by 1,200,216.9% in the third quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after buying an additional 780,141 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter worth about $48,404,000. Kovitz Investment Group Partners LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 24.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 825,144 shares of the exchange traded fund’s stock worth $156,612,000 after buying an additional 162,971 shares during the last quarter. Finally, Stairway Partners LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 13.9% in the third quarter. Stairway Partners LLC now owns 1,192,974 shares of the exchange traded fund’s stock worth $226,426,000 after buying an additional 145,967 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 1.2 %

Shares of IWD opened at $193.78 on Wednesday. iShares Russell 1000 Value ETF has a 52 week low of $163.99 and a 52 week high of $200.42. The company has a market capitalization of $60.70 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The stock’s 50-day moving average price is $191.12 and its 200-day moving average price is $187.52.

iShares Russell 1000 Value ETF Company 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).