Berkshire Asset Management LLC PA Boosts Stock Holdings in iShares Russell 1000 Value ETF $IWD

Berkshire Asset Management LLC PA raised its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 58.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,447 shares of the exchange traded fund’s stock after purchasing an additional 9,778 shares during the period. Berkshire Asset Management LLC PA’s holdings in iShares Russell 1000 Value ETF were worth $5,563,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. 71 West Capital Partners purchased a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $240,065,000. Venture Visionary Partners LLC increased its stake in shares of iShares Russell 1000 Value ETF by 0.6% in the fourth quarter. Venture Visionary Partners LLC now owns 109,139 shares of the exchange traded fund’s stock worth $22,956,000 after purchasing an additional 614 shares in the last quarter. Piedmont Capital Management LLC NC purchased a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $5,784,000. Portfolio Resources Advisor Group Inc. purchased a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $349,000. Finally, MLP3 LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $211,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.3%

IWD opened at $242.96 on Wednesday. The company has a market capitalization of $78.04 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The firm has a 50-day moving average price of $232.13 and a 200-day moving average price of $222.03. iShares Russell 1000 Value ETF has a twelve month low of $188.55 and a twelve month high of $245.51.

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.