Massachusetts Financial Services Co. MA Raises Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Massachusetts Financial Services Co. MA lifted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 45.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 115,426 shares of the exchange traded fund’s stock after acquiring an additional 36,280 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in iShares Russell 1000 Value ETF were worth $20,138,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of IWD. Triad Wealth Partners LLC acquired a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $25,000. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth $28,000. Concord Wealth Partners grew its stake in shares of iShares Russell 1000 Value ETF by 70.4% during the first quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 69 shares in the last quarter. Family Firm Inc. purchased a new position in iShares Russell 1000 Value ETF in the second quarter valued at $37,000. Finally, New England Capital Financial Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF in the second quarter valued at $40,000.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $188.64 on Friday. 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 cap of $59.09 billion, a P/E ratio of 17.81 and a beta of 0.77. The stock has a 50-day simple moving average of $182.77 and a 200-day simple moving average of $177.69.

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).