Great Lakes Advisors LLC Increases Stock Position in iShares Russell 1000 Value ETF $IWD

Great Lakes Advisors LLC raised its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 412.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 86,627 shares of the exchange traded fund’s stock after buying an additional 69,728 shares during the quarter. Great Lakes Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $18,221,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Equity Investment Corp lifted its position in iShares Russell 1000 Value ETF by 151.2% during the fourth quarter. Equity Investment Corp now owns 512,134 shares of the exchange traded fund’s stock valued at $107,722,000 after buying an additional 308,268 shares during the period. Tandemgrowth Financial Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $236,000. Logan Capital Management Inc. lifted its position in iShares Russell 1000 Value ETF by 285.5% during the fourth quarter. Logan Capital Management Inc. now owns 15,418 shares of the exchange traded fund’s stock valued at $3,243,000 after buying an additional 11,418 shares during the period. Great Valley Advisor Group Inc. lifted its position in iShares Russell 1000 Value ETF by 0.3% during the fourth quarter. Great Valley Advisor Group Inc. now owns 25,202 shares of the exchange traded fund’s stock valued at $5,301,000 after buying an additional 65 shares during the period. Finally, Compass Capital Management Inc. purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $360,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 1.9%

Shares of iShares Russell 1000 Value ETF stock opened at $239.78 on Friday. The firm has a market capitalization of $77.02 billion, a P/E ratio of 18.83 and a beta of 0.84. The business has a fifty day simple moving average of $230.48 and a two-hundred day simple moving average of $221.27. iShares Russell 1000 Value ETF has a 12 month low of $188.55 and a 12 month 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.