Lynx Investment Advisory Buys New Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Lynx Investment Advisory bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 585 shares of the exchange traded fund’s stock, valued at approximately $102,000.

Other institutional investors have also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC boosted its position in iShares Russell 1000 Value ETF by 4.8% in the 4th quarter. DAVENPORT & Co LLC now owns 3,330 shares of the exchange traded fund’s stock valued at $550,000 after buying an additional 154 shares during the period. Chevy Chase Trust Holdings LLC boosted its position in iShares Russell 1000 Value ETF by 51.4% in the 4th quarter. Chevy Chase Trust Holdings LLC now owns 2,324 shares of the exchange traded fund’s stock valued at $384,000 after buying an additional 789 shares during the period. Arkadios Wealth Advisors boosted its position in iShares Russell 1000 Value ETF by 2.5% in the 4th quarter. Arkadios Wealth Advisors now owns 7,656 shares of the exchange traded fund’s stock valued at $1,265,000 after buying an additional 186 shares during the period. Nilsine Partners LLC purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $488,000. Finally, Allworth Financial LP boosted its position in iShares Russell 1000 Value ETF by 7.0% in the 4th quarter. Allworth Financial LP now owns 28,703 shares of the exchange traded fund’s stock valued at $4,743,000 after buying an additional 1,877 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.8 %

IWD stock traded up $1.46 during midday trading on Tuesday, hitting $175.53. The company’s stock had a trading volume of 2,457,388 shares, compared to its average volume of 1,839,852. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $184.93. The firm has a market capitalization of $54.98 billion, a P/E ratio of 17.81 and a beta of 0.77. The firm has a 50-day simple moving average of $176.69 and a 200-day simple moving average of $173.97.

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).