Procyon Advisors LLC Boosts Stock Position in iShares Russell 1000 Value ETF $IWD

Procyon Advisors LLC increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 21.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,112 shares of the exchange traded fund’s stock after purchasing an additional 3,400 shares during the quarter. Procyon Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,020,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IWD. Cyndeo Wealth Partners LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 26.7% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 12,375 shares of the exchange traded fund’s stock worth $2,603,000 after buying an additional 2,604 shares in the last quarter. Harbor Investment Advisory LLC boosted its holdings in iShares Russell 1000 Value ETF by 0.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 19,654 shares of the exchange traded fund’s stock valued at $4,134,000 after purchasing an additional 130 shares during the period. Capital Advantage Inc. grew its position in shares of iShares Russell 1000 Value ETF by 0.9% during the 4th quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 51 shares in the last quarter. Argent Capital Management LLC bought a new position in iShares Russell 1000 Value ETF in the 4th quarter worth about $1,785,000. Finally, Confluence Investment Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 2,904.9% in the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock valued at $119,601,000 after acquiring an additional 549,686 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 1.2%

Shares of IWD opened at $211.31 on Friday. The stock has a 50-day moving average price of $220.45 and a 200-day moving average price of $211.26. The company has a market cap of $65.83 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $226.39.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.