Revolve Wealth Partners LLC Makes New $1.93 Million Investment in iShares Russell 1000 Value ETF $IWD

Revolve Wealth Partners LLC acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,953 shares of the exchange traded fund’s stock, valued at approximately $1,928,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Morgan Stanley boosted its position in iShares Russell 1000 Value ETF by 9.0% during the fourth quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock worth $8,342,840,000 after acquiring an additional 3,280,476 shares during the last quarter. Bank of America Corp DE raised its holdings in iShares Russell 1000 Value ETF by 5.4% in the 4th quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock valued at $10,991,657,000 after acquiring an additional 2,686,078 shares during the last quarter. 71 West Capital Partners acquired a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at $240,065,000. Wells Fargo & Company MN raised its holdings in iShares Russell 1000 Value ETF by 20.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after acquiring an additional 995,230 shares during the last quarter. Finally, Fifth Third Bancorp lifted its stake in shares of iShares Russell 1000 Value ETF by 324.3% during the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after purchasing an additional 910,889 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.3%

IWD stock opened at $258.31 on Tuesday. iShares Russell 1000 Value ETF has a 52-week low of $194.80 and a 52-week high of $258.44. The stock’s fifty day simple moving average is $245.94 and its 200-day simple moving average is $231.67. The stock has a market capitalization of $83.92 billion, a price-to-earnings ratio of 18.83 and a beta of 0.83.

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.