NovaPoint Capital LLC Has $2.19 Million Stake in iShares Russell 1000 Value ETF $IWD

NovaPoint Capital LLC lifted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 439.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 10,393 shares of the exchange traded fund’s stock after acquiring an additional 8,465 shares during the period. NovaPoint Capital LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,186,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWD. Confluence Investment Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 2,904.9% during the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock worth $119,601,000 after acquiring an additional 549,686 shares during the period. Tcfg Wealth Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 12,109.1% during the 3rd quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock worth $65,472,000 after acquiring an additional 318,953 shares during the period. SMI Advisory Services LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth about $55,463,000. Thrivent Financial for Lutherans lifted its holdings in shares of iShares Russell 1000 Value ETF by 615.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock worth $59,280,000 after acquiring an additional 250,498 shares during the period. Finally, CIBC Bancorp USA Inc. bought a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $40,115,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $216.61 on Tuesday. The company has a 50-day moving average of $219.39 and a 200-day moving average of $212.23. The company has a market capitalization of $70.70 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $226.39.

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.