Pointe Capital Management LLC Grows Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Pointe Capital Management LLC increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 30.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,156 shares of the exchange traded fund’s stock after purchasing an additional 2,365 shares during the quarter. iShares Russell 1000 Value ETF accounts for 1.2% of Pointe Capital Management LLC’s holdings, making the stock its 18th largest holding. Pointe Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Jones Financial Companies Lllp increased its position in shares of iShares Russell 1000 Value ETF by 0.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 8,735,247 shares of the exchange traded fund’s stock valued at $1,326,185,000 after purchasing an additional 77,652 shares during the last quarter. Pathstone Family Office LLC increased its holdings in iShares Russell 1000 Value ETF by 2,323.4% in the third quarter. Pathstone Family Office LLC now owns 5,038,517 shares of the exchange traded fund’s stock valued at $764,948,000 after buying an additional 4,830,607 shares during the last quarter. Synovus Financial Corp raised its stake in iShares Russell 1000 Value ETF by 2.5% in the third quarter. Synovus Financial Corp now owns 4,824,149 shares of the exchange traded fund’s stock valued at $732,408,000 after buying an additional 117,900 shares in the last quarter. M&T Bank Corp lifted its holdings in iShares Russell 1000 Value ETF by 1.1% during the 4th quarter. M&T Bank Corp now owns 3,674,457 shares of the exchange traded fund’s stock worth $607,203,000 after buying an additional 39,454 shares during the last quarter. Finally, Raymond James & Associates boosted its position in shares of iShares Russell 1000 Value ETF by 5.4% during the 4th quarter. Raymond James & Associates now owns 3,644,855 shares of the exchange traded fund’s stock worth $602,312,000 after acquiring an additional 187,321 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD traded up $1.02 during midday trading on Friday, hitting $173.12. 970,219 shares of the company’s stock were exchanged, compared to its average volume of 2,107,100. The firm’s fifty day simple moving average is $173.97 and its 200-day simple moving average is $164.82. The company has a market cap of $54.23 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $179.56.

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).