Bank of Nova Scotia Purchases 142,326 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Bank of Nova Scotia raised its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 35.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 541,657 shares of the exchange traded fund’s stock after acquiring an additional 142,326 shares during the quarter. Bank of Nova Scotia’s holdings in iShares Russell 1000 Value ETF were worth $100,276,000 as of its most recent SEC filing.

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

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $169.17 on Tuesday. The firm has a market cap of $55.63 billion, a price-to-earnings ratio of 19.48 and a beta of 0.90. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $200.42. The business’s fifty day moving average is $189.89 and its 200-day moving average is $190.62.

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).