Assetmark Inc. Buys 10,002 Shares of iShares Russell 1000 Value ETF $IWD

Assetmark Inc. grew its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 45.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,037 shares of the exchange traded fund’s stock after buying an additional 10,002 shares during the period. Assetmark Inc.’s holdings in iShares Russell 1000 Value ETF were worth $6,739,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWD. Steph & Co. grew its position in shares of iShares Russell 1000 Value ETF by 1.6% in the 4th quarter. Steph & Co. now owns 9,623 shares of the exchange traded fund’s stock valued at $2,024,000 after purchasing an additional 149 shares during the period. Webster Bank N. A. grew its position in shares of iShares Russell 1000 Value ETF by 1.0% in the 4th quarter. Webster Bank N. A. now owns 41,665 shares of the exchange traded fund’s stock valued at $8,764,000 after purchasing an additional 415 shares during the period. Eagle Bay Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $36,000. Gilliland Jeter Wealth Management LLC grew its position in shares of iShares Russell 1000 Value ETF by 1.0% in the 4th quarter. Gilliland Jeter Wealth Management LLC now owns 13,982 shares of the exchange traded fund’s stock valued at $2,941,000 after purchasing an additional 136 shares during the period. Finally, Atala Financial Inc grew its position in shares of iShares Russell 1000 Value ETF by 4.3% in the 4th quarter. Atala Financial Inc now owns 2,424 shares of the exchange traded fund’s stock valued at $510,000 after purchasing an additional 100 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $227.15 on Friday. The stock has a 50 day simple moving average of $219.75 and a 200 day simple moving average of $213.45. iShares Russell 1000 Value ETF has a 52-week low of $171.13 and a 52-week high of $228.02. The firm has a market capitalization of $73.36 billion, a PE ratio of 18.83 and a beta of 0.85.

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.