Goldman Sachs Group Inc. Boosts Stock Position in iShares Russell 1000 Value ETF $IWD

Goldman Sachs Group Inc. increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.8% in the fourth quarter, HoldingsChannel reports. The firm owned 11,414,192 shares of the exchange traded fund’s stock after buying an additional 85,365 shares during the quarter. Goldman Sachs Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $2,400,861,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth about $25,000. Holos Integrated Wealth LLC purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth about $31,000. Grand Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth about $31,000. Eagle Bay Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth about $36,000. Finally, Key Capital Management INC purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth about $40,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.8%

iShares Russell 1000 Value ETF stock opened at $239.32 on Wednesday. The stock has a market cap of $76.87 billion, a PE ratio of 18.83 and a beta of 0.84. The stock has a 50-day moving average price of $226.32 and a 200 day moving average price of $219.31. iShares Russell 1000 Value ETF has a 52 week low of $188.19 and a 52 week high of $239.59.

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.