Foundations Investment Advisors LLC Grows Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Foundations Investment Advisors LLC grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 24.9% during the first quarter, Holdings Channel.com reports. The fund owned 5,082 shares of the exchange traded fund’s stock after acquiring an additional 1,014 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $956,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IWD. Brighton Jones LLC raised its stake in shares of iShares Russell 1000 Value ETF by 8.9% in the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after acquiring an additional 2,981 shares during the period. Simplex Trading LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $562,000. Allstate Corp purchased a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $565,000. Clearbridge Investments LLC raised its stake in shares of iShares Russell 1000 Value ETF by 2,378.5% in the 4th quarter. Clearbridge Investments LLC now owns 114,334 shares of the exchange traded fund’s stock valued at $21,167,000 after acquiring an additional 109,721 shares during the period. Finally, Franklin Resources Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 118.9% in the 4th quarter. Franklin Resources Inc. now owns 936,279 shares of the exchange traded fund’s stock valued at $173,333,000 after acquiring an additional 508,506 shares during the period. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $197.07 on Thursday. The company’s 50 day simple moving average is $192.96 and its 200-day simple moving average is $189.02. The company has a market capitalization of $62.38 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $200.42.

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).