CFS Investment Advisory Services LLC Buys 3,341 Shares of iShares Russell 1000 Value ETF $IWD

CFS Investment Advisory Services LLC boosted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 158,631 shares of the exchange traded fund’s stock after purchasing an additional 3,341 shares during the quarter. iShares Russell 1000 Value ETF comprises about 2.4% of CFS Investment Advisory Services LLC’s holdings, making the stock its 5th largest position. CFS Investment Advisory Services LLC’s holdings in iShares Russell 1000 Value ETF were worth $32,726,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in shares of iShares Russell 1000 Value ETF by 140.0% in the second quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock valued at $1,777,787,000 after buying an additional 32,036,243 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares Russell 1000 Value ETF by 0.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock valued at $1,281,871,000 after acquiring an additional 57,669 shares during the last quarter. Baird Financial Group Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 12.7% during the 2nd quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock worth $1,024,618,000 after purchasing an additional 593,784 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 1.6% during the second quarter. Raymond James Financial Inc. now owns 4,978,791 shares of the exchange traded fund’s stock worth $967,031,000 after purchasing an additional 76,936 shares during the last quarter. Finally, M&T Bank Corp grew its position in shares of iShares Russell 1000 Value ETF by 3.3% in the second quarter. M&T Bank Corp now owns 3,931,029 shares of the exchange traded fund’s stock valued at $763,524,000 after purchasing an additional 126,874 shares during the period. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.3%

iShares Russell 1000 Value ETF stock opened at $219.11 on Tuesday. The stock has a fifty day moving average price of $211.94 and a 200 day moving average price of $204.96. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $220.71. The firm has a market capitalization of $69.05 billion, a P/E ratio of 18.83 and a beta of 0.89.

iShares Russell 1000 Value ETF 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). 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.