Circle Wealth Management LLC Raises Stock Position in iShares Russell 1000 Value ETF $IWD

Circle Wealth Management LLC raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 10.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 672,633 shares of the exchange traded fund’s stock after buying an additional 65,000 shares during the period. iShares Russell 1000 Value ETF comprises about 2.2% of Circle Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Circle Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $141,482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 0.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock worth $2,400,861,000 after buying an additional 85,365 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Russell 1000 Value ETF by 3.8% in the 4th quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock worth $1,946,005,000 after buying an additional 338,948 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 3.5% in the 3rd quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock worth $1,049,492,000 after buying an additional 176,135 shares during the last quarter. Northern Trust Corp increased its holdings in shares of iShares Russell 1000 Value ETF by 3.4% in the 3rd quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock worth $994,800,000 after buying an additional 162,782 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 2.1% in the 4th quarter. LPL Financial LLC now owns 4,290,502 shares of the exchange traded fund’s stock worth $902,464,000 after buying an additional 88,708 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $242.13 on Friday. The company’s fifty day moving average price is $231.02 and its 200-day moving average price is $221.41. The firm has a market capitalization of $77.77 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a one year low of $188.55 and a one year high of $243.00.

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.