Rhumbline Advisers Raises Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Rhumbline Advisers boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 104.3% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 40,272 shares of the exchange traded fund’s stock after buying an additional 20,563 shares during the period. Rhumbline Advisers’ holdings in iShares Russell 1000 Value ETF were worth $7,578,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of IWD. Brighton Jones LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after purchasing an additional 2,981 shares during the last quarter. WCM Investment Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $239,000. Soltis Investment Advisors LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 3.0% during the 4th quarter. Soltis Investment Advisors LLC now owns 2,380 shares of the exchange traded fund’s stock valued at $441,000 after purchasing an additional 69 shares during the last quarter. Cambiar Investors LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 811.8% during the 4th quarter. Cambiar Investors LLC now owns 292,754 shares of the exchange traded fund’s stock valued at $54,198,000 after purchasing an additional 260,648 shares during the last quarter. Finally, Bonfire Financial bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $934,000.

iShares Russell 1000 Value ETF Stock Up 0.4%

IWD opened at $191.55 on Wednesday. The firm has a 50-day simple moving average of $182.92 and a two-hundred day simple moving average of $188.02. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $200.42. The company has a market capitalization of $61.51 billion, a PE ratio of 19.08 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).