Bank of Montreal Can Has $22.39 Million Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Bank of Montreal Can grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 120,913 shares of the exchange traded fund’s stock after purchasing an additional 177 shares during the period. Bank of Montreal Can’s holdings in iShares Russell 1000 Value ETF were worth $22,385,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. bought a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at about $972,637,000. Wells Fargo & Company MN grew its stake in iShares Russell 1000 Value ETF by 36.6% during the fourth quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock worth $1,163,360,000 after buying an additional 1,683,297 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 21.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock worth $1,458,306,000 after buying an additional 1,400,086 shares in the last quarter. Prudential Financial Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 52.8% in the fourth quarter. Prudential Financial Inc. now owns 2,966,613 shares of the exchange traded fund’s stock valued at $549,209,000 after acquiring an additional 1,025,357 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares Russell 1000 Value ETF by 7.8% in the 4th quarter. JPMorgan Chase & Co. now owns 9,252,043 shares of the exchange traded fund’s stock worth $1,712,831,000 after acquiring an additional 671,710 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $176.12 on Friday. The stock’s 50 day simple moving average is $187.49 and its 200 day simple moving average is $189.95. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $200.42. The firm has a market cap of $57.92 billion, a PE ratio of 19.48 and a beta of 0.90.

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).