AE Wealth Management LLC lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 7.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,843 shares of the exchange traded fund’s stock after purchasing an additional 721 shares during the period. AE Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,106,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in 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 worth $6,787,000 after purchasing an additional 2,981 shares during the period. Bison Wealth LLC boosted its holdings in iShares Russell 1000 Value ETF by 13.9% during the fourth quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock worth $763,000 after buying an additional 502 shares in the last quarter. Edgestream Partners L.P. purchased a new position in iShares Russell 1000 Value ETF in the 1st quarter valued at approximately $323,000. BluePointe Capital Management LLC boosted its position in shares of iShares Russell 1000 Value ETF by 55.9% in the 1st quarter. BluePointe Capital Management LLC now owns 23,649 shares of the exchange traded fund’s stock worth $4,450,000 after buying an additional 8,477 shares in the last quarter. Finally, Pinkerton Retirement Specialists LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter worth approximately $223,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Stock Up 0.7%
Shares of NYSEARCA:IWD opened at $207.25 on Wednesday. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $207.58. The company has a market capitalization of $65.93 billion, a P/E ratio of 18.83 and a beta of 0.89. The stock’s fifty day simple moving average is $203.47 and its 200-day simple moving average is $196.66.
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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