Wetzel Investment Advisors Inc. Buys New Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Wetzel Investment Advisors Inc. bought a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,300 shares of the exchange traded fund’s stock, valued at approximately $1,206,000. iShares Russell 1000 Value ETF comprises about 0.7% of Wetzel Investment Advisors Inc.’s holdings, making the stock its 28th largest position.

Several other hedge funds also recently modified their holdings of the stock. Studio Investment Management LLC boosted its position in iShares Russell 1000 Value ETF by 115.0% in the fourth quarter. Studio Investment Management LLC now owns 172 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 92 shares during the last quarter. Russell Investments Group Ltd. grew its stake in iShares Russell 1000 Value ETF by 565.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 173 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 147 shares during the period. Headinvest LLC bought a new position in iShares Russell 1000 Value ETF in the 3rd quarter valued at $29,000. Peachtree Investment Partners LLC grew its stake in iShares Russell 1000 Value ETF by 84.8% in the 3rd quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 89 shares during the period. Finally, BluePath Capital Management LLC bought a new position in iShares Russell 1000 Value ETF in the 3rd quarter valued at $36,000.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD traded up $1.06 during trading on Friday, reaching $170.63. The company’s stock had a trading volume of 4,689,109 shares, compared to its average volume of 2,198,454. The firm has a market cap of $53.47 billion, a price-to-earnings ratio of 17.74 and a beta of 0.80. iShares Russell 1000 Value ETF has a 12 month low of $143.34 and a 12 month high of $179.56. The firm has a 50 day moving average of $173.14 and a 200-day moving average of $163.25.

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).