Stonehearth Capital Management LLC Invests $211,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Stonehearth Capital Management LLC purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the first quarter, HoldingsChannel reports. The fund purchased 1,179 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Several other hedge funds have also bought and sold shares of the stock. Jones Financial Companies Lllp increased its stake in iShares Russell 1000 Value ETF by 0.5% in the fourth quarter. Jones Financial Companies Lllp now owns 8,782,718 shares of the exchange traded fund’s stock worth $1,451,344,000 after purchasing an additional 47,471 shares during the period. UBS Group AG boosted its holdings in iShares Russell 1000 Value ETF by 6.4% during the fourth quarter. UBS Group AG now owns 7,412,758 shares of the exchange traded fund’s stock worth $1,224,958,000 after buying an additional 444,862 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Russell 1000 Value ETF by 21.8% during the 4th 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 last quarter. Wells Fargo & Company MN boosted its holdings in iShares Russell 1000 Value ETF by 14.1% in the 4th quarter. Wells Fargo & Company MN now owns 4,909,518 shares of the exchange traded fund’s stock valued at $811,298,000 after purchasing an additional 608,062 shares during the last quarter. Finally, Synovus Financial Corp boosted its stake in iShares Russell 1000 Value ETF by 2.5% during the third quarter. Synovus Financial Corp now owns 4,824,149 shares of the exchange traded fund’s stock worth $732,408,000 after buying an additional 117,900 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.4 %

NYSEARCA IWD traded up $0.67 during trading on Tuesday, hitting $174.37. The stock had a trading volume of 5,457,063 shares, compared to its average volume of 1,898,530. The company has a market capitalization of $54.62 billion, a PE ratio of 17.81 and a beta of 0.77. The firm has a 50 day moving average price of $174.64 and a 200 day moving average price of $170.43. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $179.56.

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).