Naples Global Advisors LLC boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 3.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 51,141 shares of the exchange traded fund’s stock after buying an additional 1,773 shares during the period. iShares Russell 1000 Value ETF accounts for approximately 0.9% of Naples Global Advisors LLC’s holdings, making the stock its 16th largest holding. Naples Global Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $9,933,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. boosted its stake in iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after buying an additional 363,429 shares during the last quarter. Baird Financial Group Inc. boosted its stake in iShares Russell 1000 Value ETF by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock worth $880,871,000 after buying an additional 81,955 shares during the last quarter. Northern Trust Corp boosted its stake in iShares Russell 1000 Value ETF by 5.9% in the 1st quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock worth $850,176,000 after buying an additional 253,088 shares during the last quarter. LPL Financial LLC boosted its stake in iShares Russell 1000 Value ETF by 6.2% in the 1st quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock worth $743,118,000 after buying an additional 229,198 shares during the last quarter. Finally, M&T Bank Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 2.2% in the 1st quarter. M&T Bank Corp now owns 3,804,155 shares of the exchange traded fund’s stock valued at $715,790,000 after purchasing an additional 83,318 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Stock Performance
Shares of NYSEARCA:IWD opened at $203.87 on Thursday. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $204.14. The stock has a market capitalization of $64.34 billion, a P/E ratio of 18.83 and a beta of 0.95. The stock has a 50-day simple moving average of $199.92 and a 200-day simple moving average of $191.62.
iShares Russell 1000 Value ETF 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).
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