Hsbc Holdings PLC Acquires 23,168 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Hsbc Holdings PLC increased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 17.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 157,857 shares of the exchange traded fund’s stock after acquiring an additional 23,168 shares during the quarter. Hsbc Holdings PLC owned about 0.05% of iShares Russell 1000 Value ETF worth $27,541,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. 9258 Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth $229,000. Clearbridge Investments LLC grew its stake in iShares Russell 1000 Value ETF by 1,792.5% during the fourth quarter. Clearbridge Investments LLC now owns 57,305 shares of the exchange traded fund’s stock worth $9,470,000 after buying an additional 54,277 shares in the last quarter. Franklin Resources Inc. increased its holdings in iShares Russell 1000 Value ETF by 23.5% in the 4th quarter. Franklin Resources Inc. now owns 35,045 shares of the exchange traded fund’s stock valued at $5,791,000 after buying an additional 6,673 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of iShares Russell 1000 Value ETF by 24.3% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 129,272 shares of the exchange traded fund’s stock valued at $21,362,000 after buying an additional 25,234 shares in the last quarter. Finally, TCW Group Inc. bought a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $4,399,000.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $188.64 on Friday. The company’s 50 day simple moving average is $182.77 and its 200 day simple moving average is $177.73. iShares Russell 1000 Value ETF has a 1 year low of $143.34 and a 1 year high of $189.77. The stock has a market capitalization of $59.09 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).