Broadview Financial Management LLC Has $4.77 Million Position in iShares Russell 1000 Value ETF $IWD

Broadview Financial Management LLC decreased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 25,348 shares of the exchange traded fund’s stock after selling 75 shares during the period. iShares Russell 1000 Value ETF accounts for about 3.6% of Broadview Financial Management LLC’s portfolio, making the stock its 10th largest holding. Broadview Financial Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,769,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of IWD. Brighton Jones LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after buying an additional 2,981 shares during the period. Russell Investments Group Ltd. raised its stake in iShares Russell 1000 Value ETF by 38.4% in the 4th quarter. Russell Investments Group Ltd. now owns 2,026 shares of the exchange traded fund’s stock worth $375,000 after purchasing an additional 562 shares in the last quarter. Invesco Ltd. acquired a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth about $634,000. Hsbc Holdings PLC raised its stake in iShares Russell 1000 Value ETF by 1.8% in the 4th quarter. Hsbc Holdings PLC now owns 143,942 shares of the exchange traded fund’s stock worth $26,648,000 after purchasing an additional 2,484 shares in the last quarter. Finally, Pinebridge Investments L.P. raised its stake in iShares Russell 1000 Value ETF by 51.9% in the 4th quarter. Pinebridge Investments L.P. now owns 43,681 shares of the exchange traded fund’s stock worth $8,087,000 after purchasing an additional 14,928 shares in the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.4%

Shares of iShares Russell 1000 Value ETF stock opened at $198.41 on Friday. The company has a 50-day simple moving average of $195.35 and a two-hundred day simple moving average of $189.54. The stock has a market capitalization of $62.62 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $200.42.

About iShares Russell 1000 Value ETF

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).