71 West Capital Partners Buys New Shares in iShares Russell 1000 Value ETF $IWD

71 West Capital Partners bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,141,321 shares of the exchange traded fund’s stock, valued at approximately $240,065,000. iShares Russell 1000 Value ETF comprises about 11.0% of 71 West Capital Partners’ portfolio, making the stock its 2nd biggest position. 71 West Capital Partners owned 0.37% of iShares Russell 1000 Value ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the company. Sax Wealth Advisors LLC increased its stake in iShares Russell 1000 Value ETF by 0.5% in the fourth quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock valued at $2,013,000 after acquiring an additional 49 shares during the last quarter. Cibc World Market Inc. increased its stake in iShares Russell 1000 Value ETF by 3.1% in the fourth quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock valued at $346,000 after acquiring an additional 49 shares during the last quarter. Capital Advantage Inc. increased its stake in iShares Russell 1000 Value ETF by 0.9% in the fourth quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock valued at $1,231,000 after acquiring an additional 51 shares during the last quarter. Tortoise Investment Management LLC increased its stake in iShares Russell 1000 Value ETF by 2.5% in the third quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock valued at $458,000 after acquiring an additional 54 shares during the last quarter. Finally, Greenwood Gearhart Inc. boosted its position in iShares Russell 1000 Value ETF by 1.8% during the third 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 during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.7%

NYSEARCA IWD opened at $243.78 on Tuesday. The company has a 50-day simple moving average of $231.58 and a two-hundred day simple moving average of $221.79. iShares Russell 1000 Value ETF has a 12-month low of $188.55 and a 12-month high of $244.67. The firm has a market cap of $78.30 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

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.