Beacon Investment Advisory Services Inc. increased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 1,036.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,181 shares of the exchange traded fund’s stock after buying an additional 22,053 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $5,086,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in IWD. Envestnet Asset Management Inc. raised its position in iShares Russell 1000 Value ETF by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 6,693,245 shares of the exchange traded fund’s stock worth $1,362,678,000 after acquiring an additional 93,461 shares during the last quarter. Baird Financial Group Inc. grew its position in shares of iShares Russell 1000 Value ETF by 12.7% in the second quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock valued at $1,024,618,000 after purchasing an additional 593,784 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of iShares Russell 1000 Value ETF by 3.5% in the third quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock valued at $1,049,492,000 after purchasing an additional 176,135 shares during the last quarter. Northern Trust Corp increased its stake in shares of iShares Russell 1000 Value ETF by 3.4% during the 3rd quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock worth $994,800,000 after purchasing an additional 162,782 shares in the last quarter. Finally, M&T Bank Corp increased its stake in shares of iShares Russell 1000 Value ETF by 3.3% during the 2nd quarter. M&T Bank Corp now owns 3,931,029 shares of the exchange traded fund’s stock worth $763,524,000 after purchasing an additional 126,874 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Price Performance
Shares of iShares Russell 1000 Value ETF stock opened at $210.05 on Monday. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $226.39. The business has a 50 day moving average price of $219.90 and a 200 day moving average price of $211.74. The company has a market capitalization of $65.44 billion, a P/E ratio of 18.83 and a beta of 0.89.
iShares Russell 1000 Value ETF 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.
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