Ignite Planners LLC Acquires Shares of 2,830 iShares Russell 1000 Value ETF $IWD

Ignite Planners LLC acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,830 shares of the exchange traded fund’s stock, valued at approximately $622,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its holdings in iShares Russell 1000 Value ETF by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 6,693,245 shares of the exchange traded fund’s stock valued at $1,362,678,000 after purchasing an additional 93,461 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in iShares Russell 1000 Value ETF by 3.5% during the third quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock valued at $1,049,492,000 after purchasing an additional 176,135 shares in the last quarter. Northern Trust Corp lifted its holdings in iShares Russell 1000 Value ETF by 3.4% during the third quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock valued at $994,800,000 after purchasing an additional 162,782 shares in the last quarter. M&T Bank Corp lifted its holdings in iShares Russell 1000 Value ETF by 0.9% during the fourth quarter. M&T Bank Corp now owns 3,785,045 shares of the exchange traded fund’s stock valued at $796,147,000 after purchasing an additional 32,694 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in iShares Russell 1000 Value ETF by 4.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,557,589 shares of the exchange traded fund’s stock valued at $748,303,000 after purchasing an additional 165,919 shares in the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.7%

NYSEARCA:IWD opened at $236.32 on Friday. The company’s 50-day moving average price is $223.62 and its 200-day moving average price is $217.82. The company has a market cap of $75.91 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a twelve month low of $184.69 and a twelve month high of $237.01.

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). 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.