Pinnacle Wealth Planning Services Inc. lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,257 shares of the exchange traded fund’s stock after buying an additional 486 shares during the quarter. iShares Russell 1000 Value ETF accounts for 1.6% of Pinnacle Wealth Planning Services Inc.’s portfolio, making the stock its 10th biggest holding. Pinnacle Wealth Planning Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $2,378,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of iShares Russell 1000 Value ETF by 24.5% in the fourth quarter. Bank of America Corp DE now owns 46,902,672 shares of the exchange traded fund’s stock valued at $5,208,541,000 after buying an additional 9,228,967 shares in the last quarter. Financial Engines Advisors L.L.C. purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $1,992,256,000. FMR LLC boosted its position in iShares Russell 1000 Value ETF by 17.9% during the fourth quarter. FMR LLC now owns 15,330,409 shares of the exchange traded fund’s stock worth $1,702,442,000 after purchasing an additional 2,328,742 shares in the last quarter. American Century Companies Inc. boosted its position in iShares Russell 1000 Value ETF by 96.7% during the fourth quarter. American Century Companies Inc. now owns 6,373,782 shares of the exchange traded fund’s stock worth $707,808,000 after purchasing an additional 3,134,017 shares in the last quarter. Finally, Raymond James & Associates boosted its position in iShares Russell 1000 Value ETF by 21.0% during the fourth quarter. Raymond James & Associates now owns 4,189,496 shares of the exchange traded fund’s stock worth $465,243,000 after purchasing an additional 727,974 shares in the last quarter.

IWD traded down $0.40 during trading on Wednesday, reaching $124.50. 6,844 shares of the stock were exchanged, compared to its average volume of 2,446,160. iShares Russell 1000 Value ETF has a 1 year low of $104.07 and a 1 year high of $129.82.

TRADEMARK VIOLATION WARNING: “iShares Russell 1000 Value ETF (IWD) is Pinnacle Wealth Planning Services Inc.’s 10th Largest Position” was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this piece can be accessed at https://www.watchlistnews.com/ishares-russell-1000-value-etf-iwd-is-pinnacle-wealth-planning-services-inc-s-10th-largest-position/3018829.html.

About iShares Russell 1000 Value ETF

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).

See Also: Equity Income

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)

Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.