Pullen Investment Management LLC Takes Position in iShares Russell 1000 Value ETF $IWD
by Amy Steele · The Cerbat GemPullen Investment Management LLC acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 14,161 shares of the exchange traded fund’s stock, valued at approximately $2,979,000. iShares Russell 1000 Value ETF accounts for approximately 1.6% of Pullen Investment Management LLC’s investment portfolio, making the stock its 18th largest position.
Other large investors have also made changes to their positions in the company. Princeton Global Asset Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth approximately $201,000. Sylvest Advisors LLC grew its stake in shares of iShares Russell 1000 Value ETF by 14.0% in the fourth quarter. Sylvest Advisors LLC now owns 117,450 shares of the exchange traded fund’s stock worth $24,704,000 after acquiring an additional 14,464 shares during the last quarter. JB Capital LLC grew its stake in shares of iShares Russell 1000 Value ETF by 38.9% in the fourth quarter. JB Capital LLC now owns 1,549 shares of the exchange traded fund’s stock worth $326,000 after acquiring an additional 434 shares during the last quarter. Savvy Advisors Inc. increased its position in iShares Russell 1000 Value ETF by 2,569.2% during the fourth quarter. Savvy Advisors Inc. now owns 36,248 shares of the exchange traded fund’s stock worth $7,624,000 after acquiring an additional 34,890 shares during the period. Finally, Stratos Wealth Partners LTD. increased its position in iShares Russell 1000 Value ETF by 22.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 40,577 shares of the exchange traded fund’s stock worth $8,535,000 after acquiring an additional 7,396 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Price Performance
NYSEARCA:IWD opened at $215.52 on Friday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $226.39. The company has a fifty day moving average price of $219.44 and a 200 day moving average price of $212.06. The stock has a market cap of $70.35 billion, a P/E ratio of 18.83 and a beta of 0.89.
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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.