NewEdge Wealth LLC Has $18.57 Million Stock Holdings in iShares Russell 1000 Value ETF $IWD

NewEdge Wealth LLC raised its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 83.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 88,296 shares of the exchange traded fund’s stock after acquiring an additional 40,062 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $18,572,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. F m Investments LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 2.2% during the fourth quarter. F m Investments LLC now owns 5,459 shares of the exchange traded fund’s stock worth $1,148,000 after purchasing an additional 116 shares during the period. LJI Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $413,000. Manning & Napier Advisors LLC increased its holdings in iShares Russell 1000 Value ETF by 121.2% in the fourth quarter. Manning & Napier Advisors LLC now owns 1,117 shares of the exchange traded fund’s stock valued at $237,000 after purchasing an additional 612 shares during the period. Ballast Inc. raised its position in iShares Russell 1000 Value ETF by 81.2% during the 4th quarter. Ballast Inc. now owns 70,978 shares of the exchange traded fund’s stock worth $14,930,000 after purchasing an additional 31,803 shares during the last quarter. Finally, Connable Office Inc. bought a new position in iShares Russell 1000 Value ETF during the 4th quarter worth $205,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.8%

Shares of IWD opened at $233.90 on Friday. The stock’s 50-day moving average price is $220.93 and its two-hundred day moving average price is $215.68. iShares Russell 1000 Value ETF has a 12 month low of $184.61 and a 12 month high of $234.81. The company has a market capitalization of $75.13 billion, a PE ratio of 18.83 and a beta of 0.84.

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.