Noble Wealth Management PBC Acquires New Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Noble Wealth Management PBC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, Holdings Channel reports. The firm bought 784 shares of the exchange traded fund’s stock, valued at approximately $145,000.

Several other hedge funds have also recently made changes to their positions in the company. BNP Paribas Financial Markets grew its stake in shares of iShares Russell 1000 Value ETF by 1,200,216.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after acquiring an additional 780,141 shares during the period. Strategic Financial Concepts LLC lifted its holdings in iShares Russell 1000 Value ETF by 18,440.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after purchasing an additional 418,414 shares during the last quarter. Equity Investment Corp boosted its position in iShares Russell 1000 Value ETF by 291.7% during the fourth quarter. Equity Investment Corp now owns 439,833 shares of the exchange traded fund’s stock worth $81,426,000 after purchasing an additional 327,537 shares during the period. Truist Financial Corp increased its stake in shares of iShares Russell 1000 Value ETF by 13.6% in the fourth quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock worth $463,076,000 after purchasing an additional 299,280 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. raised its position in shares of iShares Russell 1000 Value ETF by 461.4% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 333,272 shares of the exchange traded fund’s stock valued at $61,699,000 after purchasing an additional 273,905 shares during the period.

iShares Russell 1000 Value ETF Trading Up 1.3 %

Shares of IWD stock opened at $194.37 on Friday. The firm’s 50 day moving average is $190.87 and its 200 day moving average is $190.37. The stock has a market capitalization of $62.52 billion, a P/E ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a 12 month low of $168.85 and a 12 month high of $200.42.

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).