Brown Advisory Inc. Acquires 213,880 Shares of iShares Russell 1000 Value ETF $IWD

Brown Advisory Inc. lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 52.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 619,817 shares of the exchange traded fund’s stock after acquiring an additional 213,880 shares during the period. Brown Advisory Inc. owned approximately 0.20% of iShares Russell 1000 Value ETF worth $130,372,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in IWD. 1ST Source Bank grew its stake in shares of iShares Russell 1000 Value ETF by 1.3% in the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock valued at $139,686,000 after buying an additional 8,737 shares during the period. Brown Miller Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $1,213,000. Focus Partners Advisor Solutions LLC grew its stake in shares of iShares Russell 1000 Value ETF by 32.6% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock valued at $5,308,000 after buying an additional 6,380 shares during the period. Claro Advisors LLC grew its stake in shares of iShares Russell 1000 Value ETF by 21.2% in the 3rd quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock valued at $20,707,000 after buying an additional 17,760 shares during the period. Finally, Personal CFO Solutions LLC acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at about $1,539,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $242.13 on Friday. The company has a market capitalization of $77.77 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52-week low of $188.55 and a 52-week high of $243.00. The business has a 50-day simple moving average of $231.02 and a two-hundred day simple moving average of $221.41.

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.