Essex Financial Services Inc. Raises Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Essex Financial Services Inc. raised its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 19.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,986 shares of the exchange traded fund’s stock after purchasing an additional 2,622 shares during the quarter. Essex Financial Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $2,642,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Atlas Brown Inc. boosted its holdings in iShares Russell 1000 Value ETF by 0.6% during the fourth quarter. Atlas Brown Inc. now owns 12,302 shares of the exchange traded fund’s stock worth $2,033,000 after buying an additional 69 shares in the last quarter. Global Strategic Investment Solutions LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 1.2% during the 4th quarter. Global Strategic Investment Solutions LLC now owns 5,701 shares of the exchange traded fund’s stock worth $942,000 after acquiring an additional 70 shares in the last quarter. Benchmark Financial Wealth Advisors LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 2.0% during the 4th quarter. Benchmark Financial Wealth Advisors LLC now owns 3,653 shares of the exchange traded fund’s stock worth $604,000 after acquiring an additional 71 shares in the last quarter. HHM Wealth Advisors LLC grew its position in shares of iShares Russell 1000 Value ETF by 60.2% during the 4th quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 71 shares during the period. Finally, Sendero Wealth Management LLC raised its holdings in iShares Russell 1000 Value ETF by 1.3% in the 4th quarter. Sendero Wealth Management LLC now owns 5,766 shares of the exchange traded fund’s stock worth $953,000 after purchasing an additional 73 shares during the period.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD traded up $0.17 during trading hours on Wednesday, reaching $171.67. The company’s stock had a trading volume of 760,019 shares, compared to its average volume of 2,122,534. The firm has a market capitalization of $53.79 billion, a price-to-earnings ratio of 17.74 and a beta of 0.80. The company’s 50-day moving average is $173.85 and its two-hundred day moving average is $164.57. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year 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).