RTD Financial Advisors Inc. increased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 4.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 87,218 shares of the exchange traded fund’s stock after buying an additional 4,071 shares during the quarter. iShares Russell 1000 Value ETF accounts for 2.2% of RTD Financial Advisors Inc.’s portfolio, making the stock its 12th biggest holding. RTD Financial Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $16,411,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in IWD. Raymond James Financial Inc. acquired a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth about $972,637,000. Bank of America Corp DE boosted its holdings in iShares Russell 1000 Value ETF by 9.5% during the fourth quarter. Bank of America Corp DE now owns 54,061,592 shares of the exchange traded fund’s stock valued at $10,008,423,000 after purchasing an additional 4,699,792 shares in the last quarter. GAMMA Investing LLC boosted its holdings in iShares Russell 1000 Value ETF by 19,297.5% during the first quarter. GAMMA Investing LLC now owns 2,586,071 shares of the exchange traded fund’s stock valued at $486,595,000 after purchasing an additional 2,572,739 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in iShares Russell 1000 Value ETF by 36.6% during the fourth quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock valued at $1,163,360,000 after purchasing an additional 1,683,297 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in iShares Russell 1000 Value ETF by 21.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock valued at $1,458,306,000 after purchasing an additional 1,400,086 shares in the last quarter.
iShares Russell 1000 Value ETF Trading Down 1.0%
NYSEARCA IWD opened at $189.83 on Friday. The stock’s 50 day moving average is $184.25 and its two-hundred day moving average is $187.93. The company has a market capitalization of $60.95 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $200.42.
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).
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