BlackRock Inc. Grows Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)


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BlackRock Inc. grew its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 106.7% in the fourth quarter, Holdings Channel reports. The firm owned 4,810,848 shares of the exchange traded fund’s stock after purchasing an additional 2,483,747 shares during the period. BlackRock Inc.’s holdings in iShares Russell 1000 Value ETF were worth $657,788,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Creative Planning lifted its stake in iShares Russell 1000 Value ETF by 72.8% in the fourth quarter. Creative Planning now owns 842,362 shares of the exchange traded fund’s stock worth $115,176,000 after purchasing an additional 354,756 shares during the last quarter. Morgan Stanley lifted its stake in iShares Russell 1000 Value ETF by 1.2% in the third quarter. Morgan Stanley now owns 27,489,711 shares of the exchange traded fund’s stock worth $3,247,359,000 after purchasing an additional 327,312 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in iShares Russell 1000 Value ETF in the third quarter worth $29,342,000. Raymond James & Associates lifted its stake in iShares Russell 1000 Value ETF by 6.3% in the third quarter. Raymond James & Associates now owns 3,736,796 shares of the exchange traded fund’s stock worth $441,427,000 after purchasing an additional 220,181 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in iShares Russell 1000 Value ETF by 5.0% in the third quarter. Wells Fargo & Company MN now owns 3,945,462 shares of the exchange traded fund’s stock worth $466,078,000 after purchasing an additional 186,120 shares during the last quarter.

iShares Russell 1000 Value ETF stock opened at $145.57 on Tuesday. The firm has a fifty day simple moving average of $141.03 and a two-hundred day simple moving average of $129.30. iShares Russell 1000 Value ETF has a twelve month low of $84.11 and a twelve month high of $146.21.

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).

Further Reading: Quantitative Easing

Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD).

Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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