Balentine LLC Purchases 1,135 Shares of iShares Russell 1000 Value ETF $IWD

Balentine LLC boosted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 83.3% during the second quarter, Holdings Channel reports. The fund owned 2,498 shares of the exchange traded fund’s stock after acquiring an additional 1,135 shares during the period. Balentine LLC’s holdings in iShares Russell 1000 Value ETF were worth $485,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IWD. Pacific Life Fund Advisors LLC bought a new position in iShares Russell 1000 Value ETF in the first quarter valued at $232,664,000. Goldman Sachs Group Inc. increased its stake in iShares Russell 1000 Value ETF by 2.4% in the first quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock valued at $2,940,883,000 after acquiring an additional 363,429 shares during the last quarter. American Century Companies Inc. increased its stake in iShares Russell 1000 Value ETF by 62.3% in the first quarter. American Century Companies Inc. now owns 935,164 shares of the exchange traded fund’s stock valued at $175,960,000 after acquiring an additional 358,906 shares during the last quarter. Nuveen LLC purchased a new stake in iShares Russell 1000 Value ETF during the first quarter valued at about $58,271,000. Finally, Independence Asset Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF during the second quarter valued at about $59,496,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.4%

NYSEARCA IWD opened at $204.57 on Friday. The company has a 50-day simple moving average of $203.00 and a two-hundred day simple moving average of $195.07. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $207.58. The firm has a market cap of $64.97 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

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).