Park Place Capital Corp Increases Stock Position in iShares Russell 1000 Value ETF $IWD

Park Place Capital Corp raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 40.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,836 shares of the exchange traded fund’s stock after buying an additional 2,813 shares during the period. Park Place Capital Corp’s holdings in iShares Russell 1000 Value ETF were worth $2,069,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of IWD. Clayton Financial Group LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $27,000. Holos Integrated Wealth LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $31,000. Clarity Asset Management Inc. acquired a new position in iShares Russell 1000 Value ETF in the 2nd quarter worth about $35,000. Davis Capital Management acquired a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth about $38,000. Finally, Aberdeen Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the second quarter worth approximately $39,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.9%

Shares of IWD stock opened at $213.13 on Tuesday. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $226.39. The business’s 50 day moving average is $220.36 and its two-hundred day moving average is $211.42. The company has a market capitalization of $66.40 billion, a P/E ratio of 18.83 and a beta of 0.89.

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). 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.