WealthTrust Axiom LLC Acquires 81 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

WealthTrust Axiom LLC lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.1% during the 4th quarter, Holdings Channel reports. The firm owned 1,414 shares of the exchange traded fund’s stock after acquiring an additional 81 shares during the period. WealthTrust Axiom LLC’s holdings in iShares Russell 1000 Value ETF were worth $262,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. FMR LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 4.0% in the 4th quarter. FMR LLC now owns 9,268,989 shares of the exchange traded fund’s stock valued at $1,715,968,000 after buying an additional 354,694 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares Russell 1000 Value ETF by 7.8% during the fourth quarter. JPMorgan Chase & Co. now owns 9,252,043 shares of the exchange traded fund’s stock worth $1,712,831,000 after acquiring an additional 671,710 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Russell 1000 Value ETF by 21.6% in 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 acquiring an additional 1,400,086 shares during the period. Wells Fargo & Company MN increased its holdings in shares of iShares Russell 1000 Value ETF by 36.6% in the fourth quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock worth $1,163,360,000 after acquiring an additional 1,683,297 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $972,637,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $176.12 on Monday. The stock has a 50 day simple moving average of $187.49 and a 200 day simple moving average of $189.96. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $200.42. The firm has a market capitalization of $57.92 billion, a PE ratio of 19.48 and a beta of 0.90.

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).