Cyndeo Wealth Partners LLC Purchases 2,604 Shares of iShares Russell 1000 Value ETF $IWD

Cyndeo Wealth Partners LLC grew its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 26.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,375 shares of the exchange traded fund’s stock after acquiring an additional 2,604 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,603,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IWD. Envestnet Asset Management Inc. increased its position in shares of iShares Russell 1000 Value ETF by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 6,693,245 shares of the exchange traded fund’s stock valued at $1,362,678,000 after purchasing an additional 93,461 shares during the period. Baird Financial Group Inc. lifted its position in iShares Russell 1000 Value ETF by 12.7% in the second 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 stake in iShares Russell 1000 Value ETF by 3.5% during the third quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock worth $1,049,492,000 after buying an additional 176,135 shares in the last quarter. Northern Trust Corp boosted its stake in iShares Russell 1000 Value ETF by 3.4% during the third quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock worth $994,800,000 after buying an additional 162,782 shares in the last quarter. Finally, M&T Bank Corp increased its holdings in iShares Russell 1000 Value ETF by 3.3% in the 2nd quarter. M&T Bank Corp now owns 3,931,029 shares of the exchange traded fund’s stock valued at $763,524,000 after buying an additional 126,874 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $211.31 on Monday. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $226.39. The stock has a market cap of $65.83 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The firm has a fifty day moving average of $220.45 and a 200-day moving average of $211.34.

iShares Russell 1000 Value ETF Company 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.