IWD Stock Summary and Trading Ideas (iShares Russell 1000 Value ETF | ARCA:IWD)

The iShares Russell 1000 Value Index 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 represents approximately 50% of the total market capitalization of the Russell 1000 Index.

iShares Russell 1000 Value ETF trades on the ARCA stock market under the symbol IWD.

As of April 19, 2024, IWD stock price climbed to $170.55 with 2,482,404 million shares trading.

IWD has a beta of 0.85, meaning it tends to be less sensitive to market movements. IWD has a correlation of 0.70 to the broad based SPY ETF.

IWD has a market cap of $52.94 billion. This is considered a Large Cap stock.

In the last 3 years, IWD stock traded as high as $179.56 and as low as $134.09.

IWD stock has underperformed the market in the last year with a return of +12.1%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IWD shares. However, IWD has outperformed the market in the last 3 month and 2 week periods, returning +4.6% and -3.5%, while SPY returned +3.0% and -4.5%, respectively. This indicates IWD has been having a stronger performance recently.

IWD support price is $168.22 and resistance is $170.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IWD stock will trade within this expected range on the day.