Townsquare Capital LLC Has $4.43 Million Holdings in iShares Russell 1000 Value ETF $IWD

Townsquare Capital LLC increased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 122.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 21,059 shares of the exchange traded fund’s stock after acquiring an additional 11,601 shares during the quarter. iShares Russell 1000 Value ETF makes up 1.0% of Townsquare Capital LLC’s portfolio, making the stock its 28th biggest position. Townsquare Capital LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,430,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its holdings in iShares Russell 1000 Value ETF by 23.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 326,035 shares of the exchange traded fund’s stock worth $68,578,000 after purchasing an additional 62,665 shares in the last quarter. Deutsche Bank AG increased its holdings in iShares Russell 1000 Value ETF by 26.6% during the 4th quarter. Deutsche Bank AG now owns 13,553 shares of the exchange traded fund’s stock worth $2,851,000 after purchasing an additional 2,846 shares in the last quarter. Cedar Mountain Advisors LLC increased its holdings in iShares Russell 1000 Value ETF by 0.4% during the 4th quarter. Cedar Mountain Advisors LLC now owns 402,552 shares of the exchange traded fund’s stock worth $84,673,000 after purchasing an additional 1,586 shares in the last quarter. North Dallas Bank & Trust Co. bought a new position in iShares Russell 1000 Value ETF during the 4th quarter worth about $405,000. Finally, Alteri Wealth LLC increased its holdings in iShares Russell 1000 Value ETF by 2.1% during the 4th quarter. Alteri Wealth LLC now owns 5,539 shares of the exchange traded fund’s stock worth $1,165,000 after purchasing an additional 116 shares in the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 1.2%

IWD stock opened at $235.24 on Thursday. The stock has a 50-day moving average price of $229.95 and a two-hundred day moving average price of $221.01. The stock has a market cap of $75.56 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1 year low of $188.55 and a 1 year high of $241.35.

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.