iShares Russell 1000 Value ETF (NYSEARCA:IWD) Reaches New 12-Month Low – Should You Sell?

iShares Russell 1000 Value ETF (NYSEARCA:IWD)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $163.19 and last traded at $163.68, with a volume of 375564 shares. The stock had previously closed at $170.39.

iShares Russell 1000 Value ETF Stock Up 7.1 %

The stock has a market capitalization of $58.78 billion, a PE ratio of 19.48 and a beta of 0.90. The firm has a 50 day moving average price of $188.84 and a 200 day moving average price of $190.30.

Institutional Investors Weigh In On iShares Russell 1000 Value ETF

A number of institutional investors and hedge funds have recently bought and sold shares of IWD. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $5,073,000. Benjamin Edwards Inc. purchased a new position in iShares Russell 1000 Value ETF in the third quarter worth $303,000. Quantinno Capital Management LP grew its stake in iShares Russell 1000 Value ETF by 21.8% in the 3rd quarter. Quantinno Capital Management LP now owns 12,572 shares of the exchange traded fund’s stock valued at $2,386,000 after purchasing an additional 2,251 shares during the period. Executive Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at $294,000. Finally, Greenwood Gearhart Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 1.7% during the 3rd quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 54 shares during the period.

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).