Cullen Capital Management LLC Grows Stock Holdings in iShares Russell 1000 Value ETF $IWD

Cullen Capital Management LLC lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1,791.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 30,562 shares of the exchange traded fund’s stock after buying an additional 28,946 shares during the quarter. Cullen Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $6,428,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Sax Wealth Advisors LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 0.5% during the 4th quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock valued at $2,013,000 after buying an additional 49 shares in the last quarter. Cibc World Market Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 3.1% during the 4th quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock valued at $346,000 after buying an additional 49 shares in the last quarter. Capital Advantage Inc. lifted its stake 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 buying an additional 51 shares in the last quarter. Tortoise Investment Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 2.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock valued at $458,000 after buying an additional 54 shares in the last quarter. Finally, Greenwood Gearhart Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 1.8% during the 3rd quarter. Greenwood Gearhart Inc. now owns 3,215 shares of the exchange traded fund’s stock valued at $655,000 after buying an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $242.13 on Friday. The stock has a market cap of $77.77 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a fifty-two week low of $188.55 and a fifty-two week high of $243.00. The firm’s fifty day moving average is $231.02 and its 200 day moving average is $221.41.

About iShares Russell 1000 Value ETF

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.