Financial Counselors Inc. Raises Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Financial Counselors Inc. grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 121,638 shares of the exchange traded fund’s stock after purchasing an additional 9,060 shares during the quarter. Financial Counselors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $22,519,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IWD. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $972,637,000. Prudential Financial Inc. grew its position in iShares Russell 1000 Value ETF by 52.8% in the 4th quarter. Prudential Financial Inc. now owns 2,966,613 shares of the exchange traded fund’s stock worth $549,209,000 after purchasing an additional 1,025,357 shares in the last quarter. BNP Paribas Financial Markets grew its position in iShares Russell 1000 Value ETF by 1,200,216.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after purchasing an additional 780,141 shares in the last quarter. LPL Financial LLC increased its stake in iShares Russell 1000 Value ETF by 12.9% in the 4th quarter. LPL Financial LLC now owns 3,720,195 shares of the exchange traded fund’s stock valued at $688,720,000 after buying an additional 426,218 shares during the last quarter. Finally, Strategic Financial Concepts LLC lifted its position in shares of iShares Russell 1000 Value ETF by 18,440.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock worth $77,881,000 after buying an additional 418,414 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.2 %

IWD stock opened at $189.34 on Wednesday. The firm has a market cap of $61.24 billion, a PE ratio of 19.31 and a beta of 0.97. The business has a 50 day moving average of $191.49 and a 200-day moving average of $190.79. iShares Russell 1000 Value ETF has a 12-month low of $168.85 and a 12-month high of $200.42.

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).