1,865 Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD) Acquired by Betterment LLC

Betterment LLC acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,865 shares of the exchange traded fund’s stock, valued at approximately $230,000.

A number of other hedge funds also recently added to or reduced their stakes in IWD. Massmutual Trust Co. FSB ADV boosted its stake in shares of iShares Russell 1000 Value ETF by 1.2% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 6,692 shares of the exchange traded fund’s stock valued at $743,000 after purchasing an additional 81 shares during the last quarter. Belpointe Asset Management LLC boosted its stake in iShares Russell 1000 Value ETF by 9.7% during the fourth quarter. Belpointe Asset Management LLC now owns 954 shares of the exchange traded fund’s stock worth $106,000 after acquiring an additional 84 shares in the last quarter. Fort Point Capital Partners LLC boosted its stake in iShares Russell 1000 Value ETF by 2.4% during the fourth quarter. Fort Point Capital Partners LLC now owns 3,851 shares of the exchange traded fund’s stock worth $428,000 after acquiring an additional 91 shares in the last quarter. Steinberg Global Asset Management boosted its stake in iShares Russell 1000 Value ETF by 4.5% during the fourth quarter. Steinberg Global Asset Management now owns 2,213 shares of the exchange traded fund’s stock worth $246,000 after acquiring an additional 95 shares in the last quarter. Finally, Mutual Advisors LLC raised its holdings in iShares Russell 1000 Value ETF by 2.8% during the fourth quarter. Mutual Advisors LLC now owns 3,810 shares of the exchange traded fund’s stock worth $423,000 after buying an additional 102 shares during the last quarter.

Shares of IWD stock traded up $1.02 on Friday, hitting $127.56. The stock had a trading volume of 1,367,409 shares, compared to its average volume of 2,568,385. iShares Russell 1000 Value ETF has a 12-month low of $104.07 and a 12-month high of $129.82.

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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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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