Kingswood Wealth Advisors LLC Increases Stock Holdings in iShares Russell 1000 Value ETF $IWD

Kingswood Wealth Advisors LLC increased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 187.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 9,063 shares of the exchange traded fund’s stock after acquiring an additional 5,909 shares during the period. Kingswood Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,906,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Confluence Investment Management LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 2,904.9% during the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock valued at $119,601,000 after buying an additional 549,686 shares in the last quarter. Tcfg Wealth Management LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 12,109.1% during the 3rd quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock valued at $65,472,000 after buying an additional 318,953 shares in the last quarter. SMI Advisory Services LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $55,463,000. Thrivent Financial for Lutherans boosted its holdings in shares of iShares Russell 1000 Value ETF by 615.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock valued at $59,280,000 after buying an additional 250,498 shares in the last quarter. Finally, Gainplan LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $43,801,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.3%

Shares of IWD stock opened at $226.55 on Thursday. iShares Russell 1000 Value ETF has a 12 month low of $177.87 and a 12 month high of $228.46. The stock has a market cap of $73.09 billion, a PE ratio of 18.83 and a beta of 0.85. The company’s fifty day moving average price is $219.87 and its 200-day moving average price is $213.92.

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.