iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Acquired by BluePointe Capital Management LLC

BluePointe Capital Management LLC increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 45.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 15,172 shares of the exchange traded fund’s stock after acquiring an additional 4,742 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 1.6% of BluePointe Capital Management LLC’s portfolio, making the stock its 18th largest position. BluePointe Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,809,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IWD. Flagship Wealth Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth about $26,000. Peterson Wealth Services bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $32,000. Halbert Hargrove Global Advisors LLC acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter worth about $32,000. VSM Wealth Advisory LLC bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at about $34,000. Finally, Hantz Financial Services Inc. acquired a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $35,000.

iShares Russell 1000 Value ETF Stock Up 0.7 %

NYSEARCA:IWD opened at $188.47 on Thursday. The company has a market cap of $60.96 billion, a PE ratio of 19.31 and a beta of 0.97. The business’s 50 day moving average is $191.25 and its two-hundred day moving average is $190.66. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week 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).