Allworth Financial LP Has $67.41 Million Holdings in iShares Russell 1000 Value ETF $IWD

Allworth Financial LP boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 604.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 320,484 shares of the exchange traded fund’s stock after acquiring an additional 275,022 shares during the quarter. Allworth Financial LP’s holdings in iShares Russell 1000 Value ETF were worth $67,411,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $25,000. Holos Integrated Wealth LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $31,000. Grand Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at about $31,000. Eagle Bay Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at about $36,000. Finally, Key Capital Management INC purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $40,000. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $234.69 on Thursday. The company has a market capitalization of $75.38 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52-week low of $184.69 and a 52-week high of $235.11. The company has a 50-day simple moving average of $221.65 and a two-hundred day simple moving average of $216.51.

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.