Kingsview Wealth Management LLC Has $7.58 Million Stake in iShares Russell 1000 Value ETF $IWD

Kingsview Wealth Management LLC raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 94.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 36,056 shares of the exchange traded fund’s stock after acquiring an additional 17,559 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $7,584,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IWD. Envestnet Asset Management Inc. lifted its holdings in shares of 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 acquiring an additional 93,461 shares during the period. Raymond James Financial Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 3.5% in the 3rd quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock worth $1,049,492,000 after purchasing an additional 176,135 shares during the last quarter. Northern Trust Corp increased its position in shares of iShares Russell 1000 Value ETF by 3.4% during the 3rd quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock worth $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 4th 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 during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in iShares Russell 1000 Value ETF by 4.9% in 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 buying an additional 165,919 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Up 0.0%

Shares of iShares Russell 1000 Value ETF stock opened at $238.03 on Friday. The stock has a market capitalization of $76.46 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1-year low of $186.64 and a 1-year high of $239.17. The firm’s 50-day moving average price is $225.38 and its two-hundred day moving average price is $218.87.

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). 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.