FourThought Financial LLC Boosts Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

FourThought Financial LLC increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Get Rating) by 16.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,835 shares of the exchange traded fund’s stock after purchasing an additional 256 shares during the quarter. FourThought Financial LLC’s holdings in iShares Russell 1000 Value ETF were worth $250,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWD. Magnolia Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the 1st quarter worth approximately $214,000. Sei Investments Co. raised its position in shares of iShares Russell 1000 Value ETF by 123.6% in the first quarter. Sei Investments Co. now owns 181,320 shares of the exchange traded fund’s stock worth $30,141,000 after buying an additional 100,236 shares in the last quarter. Allianz Asset Management GmbH boosted its stake in iShares Russell 1000 Value ETF by 284.4% during the first quarter. Allianz Asset Management GmbH now owns 184,280 shares of the exchange traded fund’s stock valued at $30,587,000 after buying an additional 136,345 shares during the period. Loomis Sayles & Co. L P boosted its stake in iShares Russell 1000 Value ETF by 1.0% during the first quarter. Loomis Sayles & Co. L P now owns 43,099 shares of the exchange traded fund’s stock valued at $7,154,000 after buying an additional 447 shares during the period. Finally, First Trust Advisors LP purchased a new position in iShares Russell 1000 Value ETF during the first quarter worth about $2,529,000.

iShares Russell 1000 Value ETF Stock Down 1.8 %

NYSEARCA:IWD opened at $145.65 on Friday. The stock has a market cap of $49.32 billion, a P/E ratio of 13.53 and a beta of 0.96. The business’s 50-day moving average price is $155.92 and its two-hundred day moving average price is $151.53. iShares Russell 1000 Value ETF has a twelve month low of $134.09 and a twelve month high of $169.69.

iShares Russell 1000 Value ETF Company Profile

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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).