Saxon Interests Inc. Grows Stock Holdings in iShares Russell 1000 Value ETF $IWD

Saxon Interests Inc. lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 24.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,308 shares of the exchange traded fund’s stock after purchasing an additional 2,779 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 1.1% of Saxon Interests Inc.’s holdings, making the stock its 21st largest position. Saxon Interests Inc.’s holdings in iShares Russell 1000 Value ETF were worth $3,010,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. 1ST Source Bank boosted its position in shares of iShares Russell 1000 Value ETF by 1.3% in the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after purchasing an additional 8,737 shares in the last quarter. Brown Miller Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $1,213,000. Focus Partners Advisor Solutions LLC boosted its position in shares of iShares Russell 1000 Value ETF by 32.6% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock worth $5,308,000 after purchasing an additional 6,380 shares in the last quarter. Claro Advisors LLC boosted its position in shares of iShares Russell 1000 Value ETF by 21.2% in the 3rd quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock worth $20,707,000 after purchasing an additional 17,760 shares in the last quarter. Finally, Personal CFO Solutions LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $1,539,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Up 1.0%

Shares of IWD opened at $242.13 on Friday. The business’s 50 day moving average price is $231.02 and its 200-day moving average price is $221.41. iShares Russell 1000 Value ETF has a 52 week low of $188.55 and a 52 week high of $243.00. The stock has a market cap of $77.77 billion, a P/E ratio of 18.83 and a beta of 0.84.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.