Pinnacle Financial Partners Inc Raises Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Pinnacle Financial Partners Inc lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 178,372 shares of the exchange traded fund’s stock after purchasing an additional 20,750 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 0.7% of Pinnacle Financial Partners Inc’s holdings, making the stock its 27th largest holding. Pinnacle Financial Partners Inc owned approximately 0.06% of iShares Russell 1000 Value ETF worth $33,050,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Peterson Wealth Services purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $32,000. Hantz Financial Services Inc. purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $35,000. Carmichael Hill & Associates Inc. boosted its holdings in iShares Russell 1000 Value ETF by 536.1% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 193 shares during the period. Centricity Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $46,000. Finally, Howe & Rusling Inc. boosted its holdings in iShares Russell 1000 Value ETF by 144.1% in the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 147 shares during the period.

iShares Russell 1000 Value ETF Stock Down 1.4 %

NYSEARCA IWD opened at $192.64 on Friday. The stock has a market cap of $60.34 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a fifty-two week low of $168.85 and a fifty-two week high of $200.42. The business has a 50 day moving average price of $190.23 and a two-hundred day moving average price of $189.73.

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).