iShares Russell 1000 Value ETF $IWD Stock Position Boosted by Pointe Capital Management LLC

Pointe Capital Management LLC raised its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 28,153 shares of the exchange traded fund’s stock after buying an additional 3,351 shares during the period. iShares Russell 1000 Value ETF accounts for about 2.8% of Pointe Capital Management LLC’s investment portfolio, making the stock its 7th biggest holding. Pointe Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $5,732,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of IWD. JPMorgan Chase & Co. grew its position in shares of iShares Russell 1000 Value ETF by 140.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock worth $1,777,787,000 after buying an additional 32,036,243 shares during the last quarter. Baird Financial Group Inc. lifted its position in iShares Russell 1000 Value ETF by 12.7% during the second quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock valued at $1,024,618,000 after acquiring an additional 593,784 shares during the last quarter. Tcfg Wealth Management LLC boosted its stake in iShares Russell 1000 Value ETF by 12,109.1% in the third quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock valued at $65,472,000 after acquiring an additional 318,953 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in iShares Russell 1000 Value ETF by 615.9% in the third quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock valued at $59,280,000 after acquiring an additional 250,498 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new position in iShares Russell 1000 Value ETF in the third quarter worth $40,115,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.1%

Shares of IWD stock opened at $216.84 on Wednesday. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $226.39. The business’s fifty day simple moving average is $220.62 and its 200-day simple moving average is $211.08. The company has a market cap of $67.56 billion, a PE ratio of 18.83 and a beta of 0.89.

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.