Simplex Trading LLC Takes $562,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Simplex Trading LLC acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,040 shares of the exchange traded fund’s stock, valued at approximately $562,000.

A number of other hedge funds also recently bought and sold shares of IWD. Raymond James Financial Inc. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $972,637,000. Strategic Financial Concepts LLC increased its stake in shares of iShares Russell 1000 Value ETF by 18,440.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock worth $77,881,000 after purchasing an additional 418,414 shares in the last quarter. Equity Investment Corp raised its holdings in iShares Russell 1000 Value ETF by 291.7% in the 4th quarter. Equity Investment Corp now owns 439,833 shares of the exchange traded fund’s stock worth $81,426,000 after purchasing an additional 327,537 shares during the period. Truist Financial Corp lifted its position in iShares Russell 1000 Value ETF by 13.6% during the fourth quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock valued at $463,076,000 after purchasing an additional 299,280 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its position in iShares Russell 1000 Value ETF by 461.4% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 333,272 shares of the exchange traded fund’s stock valued at $61,699,000 after purchasing an additional 273,905 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.1 %

Shares of IWD opened at $187.90 on Wednesday. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week high of $200.42. The stock has a market cap of $61.79 billion, a price-to-earnings ratio of 19.48 and a beta of 0.90. The business has a 50-day simple moving average of $191.19 and a two-hundred day simple moving average of $190.91.

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).