Private Advisor Group LLC Raises Stock Position in iShares Russell 1000 Value ETF $IWD

Private Advisor Group LLC raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 333,868 shares of the exchange traded fund’s stock after purchasing an additional 4,622 shares during the quarter. Private Advisor Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $67,972,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Arkadios Wealth Advisors grew its position in iShares Russell 1000 Value ETF by 25.4% in the third quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock worth $14,915,000 after acquiring an additional 14,842 shares during the period. Americana Partners LLC raised its position in iShares Russell 1000 Value ETF by 78.9% in the third quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock valued at $34,732,000 after purchasing an additional 75,256 shares during the period. 1ST Source Bank lifted its stake in shares of iShares Russell 1000 Value ETF by 0.3% in the 2nd quarter. 1ST Source Bank now owns 677,377 shares of the exchange traded fund’s stock valued at $131,567,000 after purchasing an additional 2,259 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 0.8% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock valued at $77,332,000 after purchasing an additional 2,894 shares during the last quarter. Finally, Apella Capital LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 64.1% during the 3rd quarter. Apella Capital LLC now owns 73,272 shares of the exchange traded fund’s stock worth $14,789,000 after purchasing an additional 28,614 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 1.3%

Shares of NYSEARCA:IWD opened at $217.72 on Monday. The business has a 50-day moving average price of $220.04 and a 200 day moving average price of $210.30. The company has a market capitalization of $67.83 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $226.39.

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.