Parisi Gray Wealth Management Increases Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Parisi Gray Wealth Management increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,794 shares of the exchange traded fund’s stock after buying an additional 433 shares during the period. Parisi Gray Wealth Management’s holdings in iShares Russell 1000 Value ETF were worth $1,090,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $972,637,000. Bank of America Corp DE grew its stake in iShares Russell 1000 Value ETF by 9.5% in the fourth quarter. Bank of America Corp DE now owns 54,061,592 shares of the exchange traded fund’s stock worth $10,008,423,000 after purchasing an additional 4,699,792 shares during the period. GAMMA Investing LLC raised its holdings in iShares Russell 1000 Value ETF by 19,297.5% in the first quarter. GAMMA Investing LLC now owns 2,586,071 shares of the exchange traded fund’s stock worth $486,595,000 after purchasing an additional 2,572,739 shares in the last quarter. Wells Fargo & Company MN raised its holdings in iShares Russell 1000 Value ETF by 36.6% in the fourth quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock worth $1,163,360,000 after purchasing an additional 1,683,297 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in iShares Russell 1000 Value ETF by 21.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock valued at $1,458,306,000 after buying an additional 1,400,086 shares during the period.

iShares Russell 1000 Value ETF Trading Up 1.0%

Shares of IWD stock opened at $190.76 on Monday. The company’s fifty day moving average price is $182.68 and its 200-day moving average price is $188.04. The stock has a market cap of $61.25 billion, a PE ratio of 19.08 and a beta of 0.90. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $200.42.

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).