Wealth Alliance Raises Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Wealth Alliance raised its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 27.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,249 shares of the exchange traded fund’s stock after purchasing an additional 1,349 shares during the quarter. Wealth Alliance’s holdings in iShares Russell 1000 Value ETF were worth $1,090,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.5% in the fourth quarter. Jones Financial Companies Lllp now owns 8,782,718 shares of the exchange traded fund’s stock worth $1,451,344,000 after buying an additional 47,471 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 21.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund’s stock worth $1,184,280,000 after buying an additional 1,282,817 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of iShares Russell 1000 Value ETF by 6.2% in the fourth quarter. Northern Trust Corp now owns 3,758,131 shares of the exchange traded fund’s stock worth $621,031,000 after buying an additional 220,344 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 1.3% in the fourth quarter. Baird Financial Group Inc. now owns 3,673,642 shares of the exchange traded fund’s stock worth $607,069,000 after buying an additional 45,358 shares in the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.3% in the second quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after buying an additional 11,960 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $187.30 on Thursday. The company’s fifty day moving average is $182.34 and its 200 day moving average is $177.50. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $189.56. The stock has a market capitalization of $58.67 billion, a PE ratio of 17.81 and a beta of 0.77.

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).