iShares Russell 1000 Value ETF Target of Unusually Large Options Trading (NYSEARCA:IWD)

iShares Russell 1000 Value ETF (NYSEARCA:IWD) was the recipient of some unusual options trading activity on Thursday. Investors bought 5,102 put options on the company. This is an increase of 447% compared to the average volume of 932 put options.

iShares Russell 1000 Value ETF Trading Down 6.1 %

NYSEARCA IWD opened at $170.39 on Friday. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year high of $200.42. The firm’s fifty day simple moving average is $190.40 and its 200-day simple moving average is $190.71. The company has a market capitalization of $56.03 billion, a PE ratio of 19.48 and a beta of 0.90.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Webster Bank N. A. grew its position in iShares Russell 1000 Value ETF by 7.5% in the first quarter. Webster Bank N. A. now owns 38,921 shares of the exchange traded fund’s stock worth $7,323,000 after acquiring an additional 2,711 shares in the last quarter. Quent Capital LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 2.2% in the 1st quarter. Quent Capital LLC now owns 33,647 shares of the exchange traded fund’s stock valued at $6,331,000 after purchasing an additional 730 shares during the last quarter. Adirondack Trust Co. boosted its holdings in iShares Russell 1000 Value ETF by 1.7% in the first quarter. Adirondack Trust Co. now owns 4,901 shares of the exchange traded fund’s stock worth $922,000 after purchasing an additional 84 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its position in iShares Russell 1000 Value ETF by 62.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 4,250 shares of the exchange traded fund’s stock worth $800,000 after buying an additional 1,633 shares during the last quarter. Finally, Mascagni Wealth Management Inc. acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth $362,000.

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).