Bank of New York Mellon Corp Raises Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Bank of New York Mellon Corp grew its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 9.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 728,800 shares of the exchange traded fund’s stock after purchasing an additional 59,996 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Russell 1000 Value ETF were worth $134,923,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. CWS Financial Advisors LLC boosted its position in shares of iShares Russell 1000 Value ETF by 4.5% in the 4th quarter. CWS Financial Advisors LLC now owns 1,778 shares of the exchange traded fund’s stock worth $329,000 after buying an additional 76 shares in the last quarter. BankPlus Trust Department purchased a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth about $623,000. Rothschild Investment LLC boosted its position in shares of iShares Russell 1000 Value ETF by 5.0% in the 4th quarter. Rothschild Investment LLC now owns 28,931 shares of the exchange traded fund’s stock worth $5,356,000 after buying an additional 1,373 shares in the last quarter. Crestwood Advisors Group LLC boosted its position in shares of iShares Russell 1000 Value ETF by 26.9% in the 4th quarter. Crestwood Advisors Group LLC now owns 3,161 shares of the exchange traded fund’s stock worth $585,000 after buying an additional 671 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in shares of iShares Russell 1000 Value ETF by 155.1% in the 4th quarter. IFP Advisors Inc now owns 19,177 shares of the exchange traded fund’s stock worth $3,550,000 after buying an additional 11,661 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Up 1.3 %

iShares Russell 1000 Value ETF stock opened at $194.37 on Friday. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week high of $200.42. The firm’s 50-day simple moving average is $190.87 and its 200 day simple moving average is $190.29. The firm has a market capitalization of $62.52 billion, a PE ratio of 19.81 and a beta of 0.98.

About iShares Russell 1000 Value ETF

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).