9,740 Shares in iShares Russell 1000 Value ETF $IWD Acquired by McGlone Suttner Wealth Management Inc.

McGlone Suttner Wealth Management Inc. purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 9,740 shares of the exchange traded fund’s stock, valued at approximately $2,049,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Baird Financial Group Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 12.7% during the second quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock worth $1,024,618,000 after buying an additional 593,784 shares in the last quarter. Confluence Investment Management LLC boosted its position in shares of iShares Russell 1000 Value ETF by 2,904.9% in the fourth quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock valued at $119,601,000 after acquiring an additional 549,686 shares during the period. Tcfg Wealth Management LLC grew its stake in shares of iShares Russell 1000 Value ETF by 12,109.1% in the third quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock valued at $65,472,000 after acquiring an additional 318,953 shares in the last quarter. SMI Advisory Services LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $55,463,000. Finally, Thrivent Financial for Lutherans increased its position in iShares Russell 1000 Value ETF by 615.9% during the third quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock worth $59,280,000 after acquiring an additional 250,498 shares during the period. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Down 0.3%

Shares of iShares Russell 1000 Value ETF stock opened at $209.42 on Tuesday. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $226.39. The company has a 50-day simple moving average of $219.71 and a two-hundred day simple moving average of $211.77. The stock has a market capitalization of $65.24 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

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.