iShares Russell 1000 Value ETF $IWD Shares Purchased by Tandem Financial LLC

Tandem Financial LLC increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 83.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,825 shares of the exchange traded fund’s stock after purchasing an additional 16,766 shares during the period. iShares Russell 1000 Value ETF accounts for about 7.4% of Tandem Financial LLC’s holdings, making the stock its 4th biggest position. Tandem Financial LLC’s holdings in iShares Russell 1000 Value ETF were worth $7,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of IWD. Reyes Financial Architecture Inc. acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $25,000. Holos Integrated Wealth LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Grand Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $31,000. Eagle Bay Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $36,000. Finally, Key Capital Management INC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $40,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $237.46 on Tuesday. iShares Russell 1000 Value ETF has a 1 year low of $186.64 and a 1 year high of $239.17. The company has a market capitalization of $76.27 billion, a P/E ratio of 18.83 and a beta of 0.84. The business has a 50 day moving average price of $226.32 and a 200 day moving average price of $219.31.

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). 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.