Traders Purchase Large Volume of iShares Russell 1000 Value ETF Put Options (NYSEARCA:IWD)

iShares Russell 1000 Value ETF (NYSEARCA:IWD) saw some unusual options trading activity on Thursday. Investors purchased 5,102 put options on the stock. This is an increase of 447% compared to the typical daily volume of 932 put options.

Institutional Investors Weigh In On iShares Russell 1000 Value ETF

A number of institutional investors have recently modified their holdings of IWD. Greenwood Gearhart Inc. boosted its holdings in iShares Russell 1000 Value ETF by 1.7% in the third quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock worth $610,000 after acquiring an additional 54 shares in the last quarter. Signature Wealth Management Partners LLC increased its holdings in iShares Russell 1000 Value ETF by 4.7% during the 4th quarter. Signature Wealth Management Partners LLC now owns 1,223 shares of the exchange traded fund’s stock worth $226,000 after purchasing an additional 55 shares in the last quarter. PBMares Wealth Management LLC raised its stake in shares of iShares Russell 1000 Value ETF by 2.4% in the fourth quarter. PBMares Wealth Management LLC now owns 2,378 shares of the exchange traded fund’s stock worth $440,000 after purchasing an additional 55 shares during the last quarter. Bedel Financial Consulting Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 1.3% during the fourth quarter. Bedel Financial Consulting Inc. now owns 4,404 shares of the exchange traded fund’s stock valued at $856,000 after buying an additional 57 shares during the last quarter. Finally, Texas Capital Bank Wealth Management Services Inc boosted its position in shares of iShares Russell 1000 Value ETF by 1.2% during the fourth quarter. Texas Capital Bank Wealth Management Services Inc now owns 5,294 shares of the exchange traded fund’s stock valued at $980,000 after buying an additional 63 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Down 3.5 %

Shares of IWD stock traded down $6.69 during mid-day trading on Thursday, reaching $182.44. 864,515 shares of the stock traded hands, compared to its average volume of 1,899,190. The stock’s fifty day simple moving average is $191.12 and its two-hundred day simple moving average is $190.90. The company has a market cap of $59.99 billion, a price-to-earnings ratio of 19.48 and a beta of 0.90. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year 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).