Concurrent Investment Advisors LLC lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 17.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 222,877 shares of the exchange traded fund’s stock after buying an additional 33,293 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $54,032,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the company. Morgan Stanley raised its holdings in iShares Russell 1000 Value ETF by 9.0% in the 4th quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after acquiring an additional 3,280,476 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of iShares Russell 1000 Value ETF by 5.4% during the fourth quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after purchasing an additional 2,686,078 shares during the last quarter. Greenleaf Trust boosted its holdings in shares of iShares Russell 1000 Value ETF by 20,660.3% during the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after purchasing an additional 1,484,030 shares during the last quarter. 71 West Capital Partners purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $240,065,000. Finally, Wells Fargo & Company MN grew its position in shares of iShares Russell 1000 Value ETF by 20.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after purchasing an additional 995,230 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Trading Up 0.9%
iShares Russell 1000 Value ETF stock opened at $259.38 on Friday. The stock has a fifty day moving average price of $252.11 and a 200 day moving average price of $236.27. iShares Russell 1000 Value ETF has a 52 week low of $199.40 and a 52 week high of $260.19. The firm has a market capitalization of $84.27 billion, a P/E ratio of 18.83 and a beta of 0.83.
iShares Russell 1000 Value ETF 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.
Read More
- Five stocks we like better than iShares Russell 1000 Value ETF
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
- These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report).
Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
