Wells Fargo & Company MN Increases Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Wells Fargo & Company MN grew its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 36.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,284,015 shares of the exchange traded fund’s stock after buying an additional 1,683,297 shares during the quarter. Wells Fargo & Company MN’s holdings in iShares Russell 1000 Value ETF were worth $1,163,360,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IWD. JPMorgan Chase & Co. boosted its position in shares of iShares Russell 1000 Value ETF by 7.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,252,043 shares of the exchange traded fund’s stock worth $1,712,831,000 after purchasing an additional 671,710 shares in the last quarter. Raymond James Financial Inc. purchased a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at about $972,637,000. M&T Bank Corp lifted its position in shares of iShares Russell 1000 Value ETF by 4.9% during the 4th quarter. M&T Bank Corp now owns 3,720,837 shares of the exchange traded fund’s stock valued at $688,838,000 after acquiring an additional 173,058 shares during the period. LPL Financial LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 12.9% during the 4th quarter. LPL Financial LLC now owns 3,720,195 shares of the exchange traded fund’s stock worth $688,720,000 after acquiring an additional 426,218 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 4.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,386,955 shares of the exchange traded fund’s stock worth $627,027,000 after acquiring an additional 139,689 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $181.40 on Friday. iShares Russell 1000 Value ETF has a one year low of $168.85 and a one year high of $200.42. The company has a market cap of $59.65 billion, a price-to-earnings ratio of 19.48 and a beta of 0.90. The business’s fifty day moving average is $190.86 and its two-hundred day moving average is $190.83.

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).