Next Capital Management LLC Has $3.72 Million Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Next Capital Management LLC boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,105 shares of the exchange traded fund’s stock after buying an additional 1,143 shares during the period. iShares Russell 1000 Value ETF makes up about 1.5% of Next Capital Management LLC’s portfolio, making the stock its 15th largest position. Next Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,722,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Flagship Wealth Advisors LLC bought a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at about $26,000. Peterson Wealth Services purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth approximately $32,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth approximately $32,000. VSM Wealth Advisory LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $34,000. Finally, Hantz Financial Services Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $35,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $187.13 on Wednesday. The company has a market capitalization of $60.53 billion, a price-to-earnings ratio of 19.31 and a beta of 0.97. The company has a 50-day simple moving average of $191.20 and a two-hundred day simple moving average of $190.68. iShares Russell 1000 Value ETF has a 52-week low of $168.85 and a 52-week high of $200.42.

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).