iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Purchased by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 45.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 115,426 shares of the exchange traded fund’s stock after buying an additional 36,280 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in iShares Russell 1000 Value ETF were worth $20,138,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in IWD. Platform Technology Partners acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $244,000. Objectivity Squared LLC lifted its position in shares of iShares Russell 1000 Value ETF by 6.6% during the second quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock worth $9,440,000 after purchasing an additional 3,215 shares in the last quarter. Oarsman Capital Inc. purchased a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $2,613,000. Westwood Holdings Group Inc. grew its holdings in iShares Russell 1000 Value ETF by 1.6% during the 4th quarter. Westwood Holdings Group Inc. now owns 96,373 shares of the exchange traded fund’s stock valued at $15,926,000 after purchasing an additional 1,561 shares in the last quarter. Finally, Raymond James & Associates increased its stake in iShares Russell 1000 Value ETF by 0.3% during the 2nd quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after buying an additional 11,960 shares during the period.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $188.64 on Friday. The firm has a 50-day moving average of $182.77 and a two-hundred day moving average of $177.69. The stock has a market cap of $59.09 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $189.77.

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).