BNP Paribas Financial Markets lifted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 91.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,053,204 shares of the exchange traded fund’s stock after buying an additional 502,015 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.34% of iShares Russell 1000 Value ETF worth $221,531,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in IWD. Brighton Jones LLC grew its position in shares of iShares Russell 1000 Value ETF by 8.9% during the fourth quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after buying an additional 2,981 shares in the last quarter. Bison Wealth LLC grew its position in shares of iShares Russell 1000 Value ETF by 13.9% during the fourth quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock worth $763,000 after buying an additional 502 shares in the last quarter. Schnieders Capital Management LLC. grew its position in shares of iShares Russell 1000 Value ETF by 39.1% during the second quarter. Schnieders Capital Management LLC. now owns 3,876 shares of the exchange traded fund’s stock worth $753,000 after buying an additional 1,089 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of iShares Russell 1000 Value ETF during the second quarter worth about $3,847,000. Finally, Sei Investments Co. grew its position in shares of iShares Russell 1000 Value ETF by 12.7% during the second quarter. Sei Investments Co. now owns 32,275 shares of the exchange traded fund’s stock worth $6,269,000 after buying an additional 3,637 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Stock Down 0.0%
Shares of IWD opened at $237.96 on Friday. The stock has a 50 day moving average price of $225.85 and a 200 day moving average price of $219.00. The company has a market capitalization of $76.43 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52-week low of $186.64 and a 52-week high of $239.17.
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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