HighTower Advisors LLC Acquires 41,117 Shares of iShares Russell 1000 Value ETF $IWD

HighTower Advisors LLC boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,099,616 shares of the exchange traded fund’s stock after acquiring an additional 41,117 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $231,293,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sax Wealth Advisors LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.5% in the fourth quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock worth $2,013,000 after acquiring an additional 49 shares during the last quarter. Capital Advantage Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 0.9% during the 4th quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 51 shares during the last quarter. JFG Wealth Management LLC increased its position in iShares Russell 1000 Value ETF by 0.4% during the 3rd quarter. JFG Wealth Management LLC now owns 12,218 shares of the exchange traded fund’s stock worth $2,487,000 after purchasing an additional 53 shares in the last quarter. Tortoise Investment Management LLC increased its position in iShares Russell 1000 Value ETF by 2.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock worth $458,000 after purchasing an additional 54 shares in the last quarter. Finally, ESL Trust Services LLC lifted its stake in iShares Russell 1000 Value ETF by 11.9% in the 3rd quarter. ESL Trust Services LLC now owns 536 shares of the exchange traded fund’s stock valued at $109,000 after purchasing an additional 57 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $232.67 on Tuesday. The company’s 50 day moving average price is $222.33 and its two-hundred day moving average price is $217.07. The firm has a market capitalization of $74.73 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a fifty-two week low of $184.69 and a fifty-two week high of $236.01.

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.