iShares Russell 1000 Value ETF $IWD Shares Acquired by Naples Global Advisors LLC

Naples Global Advisors LLC lifted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,456 shares of the exchange traded fund’s stock after purchasing an additional 2,315 shares during the quarter. iShares Russell 1000 Value ETF makes up 0.8% of Naples Global Advisors LLC’s investment portfolio, making the stock its 19th biggest holding. Naples Global Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $10,883,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp increased its stake in iShares Russell 1000 Value ETF by 612.7% in the second quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock valued at $4,474,000 after purchasing an additional 19,804 shares during the period. Arkadios Wealth Advisors grew its holdings in shares of iShares Russell 1000 Value ETF by 25.4% during the third quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock worth $14,915,000 after buying an additional 14,842 shares during the last quarter. Americana Partners LLC increased its position in iShares Russell 1000 Value ETF by 78.9% in the 3rd quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock valued at $34,732,000 after acquiring an additional 75,256 shares during the period. Joel Adams & Associates Inc. raised its stake in iShares Russell 1000 Value ETF by 93.2% during the 2nd quarter. Joel Adams & Associates Inc. now owns 2,900 shares of the exchange traded fund’s stock valued at $563,000 after acquiring an additional 1,399 shares during the last quarter. Finally, 1ST Source Bank raised its stake in iShares Russell 1000 Value ETF by 0.3% during the 2nd quarter. 1ST Source Bank now owns 677,377 shares of the exchange traded fund’s stock valued at $131,567,000 after acquiring an additional 2,259 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.3%

NYSEARCA:IWD opened at $219.71 on Friday. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $220.72. The stock’s 50 day simple moving average is $211.33 and its 200-day simple moving average is $204.53. The firm has a market cap of $69.85 billion, a P/E 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). 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.