Naples Global Advisors LLC Buys 1,755 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Naples Global Advisors LLC boosted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 47,299 shares of the exchange traded fund’s stock after buying an additional 1,755 shares during the period. iShares Russell 1000 Value ETF accounts for about 0.8% of Naples Global Advisors LLC’s portfolio, making the stock its 19th largest position. Naples Global Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $8,756,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Diversified Portfolios Inc. increased its position in shares of iShares Russell 1000 Value ETF by 1.4% in the fourth quarter. Diversified Portfolios Inc. now owns 24,037 shares of the exchange traded fund’s stock valued at $4,450,000 after acquiring an additional 337 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of iShares Russell 1000 Value ETF by 37.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 66,055 shares of the exchange traded fund’s stock worth $12,205,000 after purchasing an additional 17,969 shares during the last quarter. Jmac Enterprises LLC increased its holdings in iShares Russell 1000 Value ETF by 3.3% during the 4th quarter. Jmac Enterprises LLC now owns 203,487 shares of the exchange traded fund’s stock valued at $37,672,000 after purchasing an additional 6,490 shares during the period. Avidian Wealth Enterprises LLC raised its position in iShares Russell 1000 Value ETF by 0.6% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 57,059 shares of the exchange traded fund’s stock valued at $10,563,000 after purchasing an additional 328 shares during the last quarter. Finally, Certuity LLC lifted its holdings in iShares Russell 1000 Value ETF by 59.7% in the 4th quarter. Certuity LLC now owns 65,633 shares of the exchange traded fund’s stock worth $12,151,000 after buying an additional 24,533 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $193.15 on Thursday. iShares Russell 1000 Value ETF has a fifty-two week low of $164.34 and a fifty-two week high of $200.42. The firm has a market cap of $60.50 billion, a P/E ratio of 17.81 and a beta of 0.77. The business’s 50 day moving average price is $190.22 and its 200-day moving average price is $189.06.

About iShares Russell 1000 Value ETF

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).