Lyrical Asset Management LP Boosts Stake in iShares Russell 1000 Value ETF $IWD

Lyrical Asset Management LP increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6,082.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 77,777 shares of the exchange traded fund’s stock after acquiring an additional 76,519 shares during the quarter. Lyrical Asset Management LP’s holdings in iShares Russell 1000 Value ETF were worth $16,360,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWD. Clearbridge Investments LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 1,712.9% during the 4th quarter. Clearbridge Investments LLC now owns 23,060 shares of the exchange traded fund’s stock worth $4,850,000 after purchasing an additional 21,788 shares during the last quarter. Capital World Investors increased its stake in shares of iShares Russell 1000 Value ETF by 216.2% in the 4th quarter. Capital World Investors now owns 22,320 shares of the exchange traded fund’s stock worth $4,731,000 after acquiring an additional 15,262 shares during the last quarter. Capital International Investors increased its stake in shares of iShares Russell 1000 Value ETF by 239.8% in the 4th quarter. Capital International Investors now owns 20,859 shares of the exchange traded fund’s stock worth $4,421,000 after acquiring an additional 14,720 shares during the last quarter. Tradition Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 1.4% during the 4th quarter. Tradition Wealth Management LLC now owns 47,793 shares of the exchange traded fund’s stock worth $10,053,000 after acquiring an additional 649 shares during the period. Finally, Valtrion Capital Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $204,000. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $236.42 on Monday. The stock has a market capitalization of $75.94 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a one year low of $188.55 and a one year high of $241.35. The business’s 50 day moving average price is $228.38 and its 200 day moving average price is $220.26.

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.