iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Acquired by MTM Investment Management LLC

MTM Investment Management LLC lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,279 shares of the exchange traded fund’s stock after buying an additional 78 shares during the quarter. MTM Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $237,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Eagle Bay Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter worth approximately $32,000. Peterson Wealth Services purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter worth approximately $32,000. Hantz Financial Services Inc. purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter worth approximately $35,000. Carmichael Hill & Associates Inc. boosted its position in iShares Russell 1000 Value ETF by 536.1% during the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 193 shares in the last quarter. Finally, Northwest Investment Counselors LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter worth approximately $44,000.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $193.15 on Thursday. The company has a market cap of $60.50 billion, a PE ratio of 17.81 and a beta of 0.77. The stock’s 50 day simple moving average is $190.22 and its 200-day simple moving average is $189.06. iShares Russell 1000 Value ETF has a 1-year low of $164.34 and a 1-year high of $200.42.

iShares Russell 1000 Value ETF Company 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).