Next Capital Management LLC Buys 1,143 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Next Capital Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,105 shares of the exchange traded fund’s stock after purchasing an additional 1,143 shares during the period. iShares Russell 1000 Value ETF accounts for 1.5% of Next Capital Management LLC’s holdings, making the stock its 15th biggest position. Next Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,722,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Flagship Wealth Advisors LLC acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth approximately $26,000. Peterson Wealth Services bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $32,000. Halbert Hargrove Global Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $32,000. VSM Wealth Advisory LLC bought a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at $34,000. Finally, Hantz Financial Services Inc. acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at $35,000.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $187.13 on Wednesday. The stock has a market cap of $60.53 billion, a price-to-earnings ratio of 19.31 and a beta of 0.97. The company has a fifty day moving average price of $191.20 and a two-hundred day moving average price of $190.68. iShares Russell 1000 Value ETF has a one year low of $168.85 and a one 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).