MML Investors Services LLC Buys 47,001 Shares of iShares Russell 1000 Value ETF $IWD

MML Investors Services LLC boosted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 455,284 shares of the exchange traded fund’s stock after purchasing an additional 47,001 shares during the quarter. MML Investors Services LLC’s holdings in iShares Russell 1000 Value ETF were worth $95,765,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Sax Wealth Advisors LLC boosted its position in iShares Russell 1000 Value ETF by 0.5% during the fourth quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock worth $2,013,000 after purchasing an additional 49 shares during the period. Cibc World Market Inc. boosted its position in iShares Russell 1000 Value ETF by 3.1% during the fourth quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock worth $346,000 after purchasing an additional 49 shares during the period. Capital Advantage Inc. boosted its position in iShares Russell 1000 Value ETF by 0.9% during the fourth quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 51 shares during the period. Tortoise Investment Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 2.5% during the third quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock worth $458,000 after buying an additional 54 shares during the last quarter. Finally, Greenwood Gearhart Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 1.8% during the third quarter. Greenwood Gearhart Inc. now owns 3,215 shares of the exchange traded fund’s stock worth $655,000 after buying 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 IWD stock opened at $242.13 on Monday. iShares Russell 1000 Value ETF has a 12 month low of $188.55 and a 12 month high of $243.00. The firm has a market cap of $77.77 billion, a PE ratio of 18.83 and a beta of 0.84. The stock has a 50 day moving average of $231.02 and a 200-day moving average of $221.53.

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.