Confluence Investment Management LLC Has $3.85 Million Stock Holdings in iShares Russell 1000 Value ETF $IWD

Confluence Investment Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 551.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,923 shares of the exchange traded fund’s stock after purchasing an additional 16,020 shares during the quarter. Confluence Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,853,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Crestwood Advisors Group LLC increased its position in iShares Russell 1000 Value ETF by 1.7% during the second quarter. Crestwood Advisors Group LLC now owns 3,159 shares of the exchange traded fund’s stock worth $614,000 after buying an additional 52 shares during the last quarter. Rathbones Group PLC boosted its stake in shares of iShares Russell 1000 Value ETF by 3.0% during the 2nd quarter. Rathbones Group PLC now owns 1,799 shares of the exchange traded fund’s stock worth $349,000 after acquiring an additional 52 shares in the last quarter. Golden Road Advisors LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 1.3% during the 2nd quarter. Golden Road Advisors LLC now owns 4,137 shares of the exchange traded fund’s stock valued at $804,000 after acquiring an additional 54 shares during the last quarter. Penobscot Investment Management Company Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 4.6% in the 2nd quarter. Penobscot Investment Management Company Inc. now owns 1,250 shares of the exchange traded fund’s stock valued at $243,000 after acquiring an additional 55 shares in the last quarter. Finally, Fifth Third Securities Inc. lifted its holdings in iShares Russell 1000 Value ETF by 0.6% in the 3rd quarter. Fifth Third Securities Inc. now owns 8,543 shares of the exchange traded fund’s stock worth $1,739,000 after purchasing an additional 55 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.1%

Shares of iShares Russell 1000 Value ETF stock opened at $211.61 on Wednesday. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $213.53. The stock has a market capitalization of $67.31 billion, a P/E ratio of 18.83 and a beta of 0.89. The stock has a 50 day moving average price of $206.67 and a two-hundred day moving average price of $201.11.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.