4,251 Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD) Purchased by Edgestream Partners L.P.

Edgestream Partners L.P. bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 4,251 shares of the exchange traded fund’s stock, valued at approximately $742,000.

Several other hedge funds have also made changes to their positions in the company. 9258 Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth $229,000. Clearbridge Investments LLC raised its holdings in iShares Russell 1000 Value ETF by 1,792.5% in the 4th quarter. Clearbridge Investments LLC now owns 57,305 shares of the exchange traded fund’s stock valued at $9,470,000 after buying an additional 54,277 shares during the period. Franklin Resources Inc. lifted its position in iShares Russell 1000 Value ETF by 23.5% in the fourth 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 last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in iShares Russell 1000 Value ETF by 24.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 129,272 shares of the exchange traded fund’s stock worth $21,362,000 after buying an additional 25,234 shares during the period. Finally, TCW Group Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at about $4,399,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $188.64 on Friday. The firm has a market cap of $59.09 billion, a P/E ratio of 17.81 and a beta of 0.77. The firm’s 50 day moving average price is $182.77 and its 200-day moving average price is $177.73. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $189.77.

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).