iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Purchased by TCW Group Inc.

TCW Group Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 46.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 21,058 shares of the exchange traded fund’s stock after buying an additional 6,706 shares during the quarter. TCW Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $3,898,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Peterson Wealth Services acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $32,000. Hantz Financial Services Inc. purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter worth $35,000. Carmichael Hill & Associates Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 536.1% in the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 193 shares during the last quarter. Centricity Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $46,000. Finally, Howe & Rusling Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 144.1% during the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Down 1.4 %

Shares of IWD stock opened at $192.64 on Monday. The company has a market capitalization of $60.34 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The firm has a 50-day moving average price of $190.23 and a 200 day moving average price of $189.93. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42.

iShares Russell 1000 Value ETF 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).