Lynx Investment Advisory Makes New $102,000 Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Lynx Investment Advisory purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 585 shares of the exchange traded fund’s stock, valued at approximately $102,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWD. GLOBALT Investments LLC GA bought a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $330,977,000. Envestnet Asset Management Inc. lifted its stake in iShares Russell 1000 Value ETF by 21.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund’s stock worth $1,184,280,000 after purchasing an additional 1,282,817 shares during the period. Alaska Permanent Fund Corp lifted its stake in iShares Russell 1000 Value ETF by 85.8% during the first quarter. Alaska Permanent Fund Corp now owns 1,929,517 shares of the exchange traded fund’s stock worth $345,596,000 after purchasing an additional 890,764 shares during the period. Cresset Asset Management LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 218.0% during the fourth quarter. Cresset Asset Management LLC now owns 1,230,179 shares of the exchange traded fund’s stock worth $203,287,000 after buying an additional 843,389 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of iShares Russell 1000 Value ETF by 162.1% during the first quarter. Cetera Investment Advisers now owns 1,223,017 shares of the exchange traded fund’s stock worth $219,055,000 after buying an additional 756,464 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD traded up $1.46 on Tuesday, hitting $175.53. The company’s stock had a trading volume of 2,457,388 shares, compared to its average volume of 1,839,852. The company has a market capitalization of $54.98 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $184.93. The company has a 50 day moving average price of $176.69 and a 200 day moving average price of $173.97.

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).