Stonehearth Capital Management LLC Makes New Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Stonehearth Capital Management LLC acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,179 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ariston Services Group purchased a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $711,000. Skyline Advisors Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth $496,000. BlueChip Wealth Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $798,000. Leo Wealth LLC purchased a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at $598,000. Finally, Golden Road Advisors LLC acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter worth $670,000.

iShares Russell 1000 Value ETF Stock Up 0.4 %

NYSEARCA IWD traded up $0.67 during trading hours on Tuesday, hitting $174.37. 5,457,063 shares of the company were exchanged, compared to its average volume of 1,898,530. The company has a 50 day moving average of $174.64 and a two-hundred day moving average of $170.43. The firm has a market cap of $54.62 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $179.56.

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).