Red Tortoise LLC Grows Position in iShares Russell 1000 Value ETF $IWD

Red Tortoise LLC boosted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 29,796 shares of the exchange traded fund’s stock after purchasing an additional 113 shares during the period. iShares Russell 1000 Value ETF makes up approximately 2.8% of Red Tortoise LLC’s holdings, making the stock its 10th largest holding. Red Tortoise LLC’s holdings in iShares Russell 1000 Value ETF were worth $5,787,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pacific Life Fund Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the first quarter valued at approximately $232,664,000. JP Wealth Management Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 18,716.0% in the 1st quarter. JP Wealth Management Inc. now owns 981,443 shares of the exchange traded fund’s stock valued at $184,668,000 after purchasing an additional 976,227 shares during the period. Goldman Sachs Group Inc. boosted its stake in iShares Russell 1000 Value ETF by 2.4% during the first quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after acquiring an additional 363,429 shares in the last quarter. American Century Companies Inc. boosted its holdings in iShares Russell 1000 Value ETF by 62.3% in the first quarter. American Century Companies Inc. now owns 935,164 shares of the exchange traded fund’s stock worth $175,960,000 after acquiring an additional 358,906 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at about $58,271,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $204.96 on Monday. The stock has a market capitalization of $64.73 billion, a PE ratio of 18.83 and a beta of 0.95. The business’s fifty day moving average is $200.15 and its 200 day moving average is $191.90. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $206.01.

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).