Aaron Wealth Advisors LLC Raises Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Aaron Wealth Advisors LLC raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 23.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,677 shares of the exchange traded fund’s stock after buying an additional 3,930 shares during the period. Aaron Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,828,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Raymond James & Associates increased its holdings in iShares Russell 1000 Value ETF by 0.6% in the third quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock valued at $695,872,000 after buying an additional 22,295 shares in the last quarter. LPL Financial LLC increased its holdings in iShares Russell 1000 Value ETF by 0.7% in the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock valued at $625,197,000 after buying an additional 23,197 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of iShares Russell 1000 Value ETF by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock valued at $616,331,000 after purchasing an additional 10,304 shares during the last quarter. Synovus Financial Corp grew its position in shares of iShares Russell 1000 Value ETF by 1.2% in the third quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock valued at $540,724,000 after purchasing an additional 34,700 shares during the last quarter. Finally, Stifel Financial Corp grew its position in shares of iShares Russell 1000 Value ETF by 3.8% in the third quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock valued at $369,623,000 after purchasing an additional 70,612 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $191.48 on Friday. The company’s 50 day simple moving average is $191.24 and its 200-day simple moving average is $187.07. The firm has a market capitalization of $59.98 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12 month low of $160.98 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).