iShares Russell 1000 Value ETF $IWD Stock: Provenance Wealth Advisors LLC Boosts Holdings

Provenance Wealth Advisors LLC raised its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 17.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,260 shares of the exchange traded fund’s stock after purchasing an additional 3,892 shares during the period. Provenance Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $6,511,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Baird Financial Group Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 2.7% in the second quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock valued at $1,501,218,000 after buying an additional 165,599 shares during the period. Stairway Partners LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter worth about $326,735,000. Fifth Third Bancorp lifted its stake in shares of iShares Russell 1000 Value ETF by 324.3% in the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after acquiring an additional 910,889 shares during the period. Oakworth Capital Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth approximately $217,500,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 5.3% in the first quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock worth $193,067,000 after acquiring an additional 45,283 shares during the period. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $258.58 on Wednesday. The business’s 50 day simple moving average is $254.84 and its 200 day simple moving average is $238.53. iShares Russell 1000 Value ETF has a one year low of $199.79 and a one year high of $261.14. The stock has a market capitalization of $83.19 billion, a PE ratio of 18.83 and a beta of 0.84.

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.