iShares Russell 1000 Value ETF $IWD Shares Bought by Allen Investment Management LLC

Allen Investment Management LLC grew its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 33.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,282 shares of the exchange traded fund’s stock after purchasing an additional 5,094 shares during the quarter. Allen Investment Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,334,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Simplicity Wealth LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 0.3% in the 1st quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock worth $3,426,000 after acquiring an additional 44 shares during the period. Falcon Wealth Planning increased its stake in shares of iShares Russell 1000 Value ETF by 3.9% in the first quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 45 shares during the period. Members Wealth LLC increased its stake in shares of iShares Russell 1000 Value ETF by 3.6% in the first quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock valued at $301,000 after purchasing an additional 46 shares during the period. Cardiff Park Advisors LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 0.6% during the fourth quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock valued at $1,563,000 after buying an additional 46 shares during the last quarter. Finally, Sax Wealth Advisors LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 0.5% during the fourth quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock valued at $2,013,000 after buying an additional 49 shares during the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $248.03 on Monday. The stock has a 50 day simple moving average of $240.67 and a 200-day simple moving average of $227.60. The company has a market cap of $81.81 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12-month low of $191.64 and a 12-month high of $250.50.

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.