Corundum Group Inc. Has $34.30 Million Stock Holdings in iShares Russell 1000 Value ETF $IWD

Corundum Group Inc. increased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 32.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 163,052 shares of the exchange traded fund’s stock after acquiring an additional 40,326 shares during the quarter. iShares Russell 1000 Value ETF makes up 11.5% of Corundum Group Inc.’s portfolio, making the stock its 2nd biggest position. Corundum Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $34,296,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 8.9% in the fourth quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after buying an additional 2,981 shares during the period. Bison Wealth LLC increased 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 acquiring an additional 502 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings 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 acquiring an additional 1,089 shares during the period. Legal & General Group Plc lifted its position in iShares Russell 1000 Value ETF by 6.9% in the 2nd quarter. Legal & General Group Plc now owns 40,755 shares of the exchange traded fund’s stock valued at $7,915,000 after acquiring an additional 2,629 shares in the last quarter. Finally, Ameritas Investment Partners Inc. lifted its position in iShares Russell 1000 Value ETF by 11.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,869 shares of the exchange traded fund’s stock valued at $363,000 after acquiring an additional 198 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Up 0.5%

Shares of NYSEARCA IWD opened at $214.87 on Thursday. The company has a fifty day moving average price of $220.22 and a 200 day moving average price of $211.53. The firm has a market cap of $66.94 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $226.39.

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.