Naples Global Advisors LLC Boosts Stake in iShares Russell 1000 Value ETF $IWD

Naples Global Advisors LLC raised its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 53,456 shares of the exchange traded fund’s stock after buying an additional 2,315 shares during the quarter. iShares Russell 1000 Value ETF comprises about 0.8% of Naples Global Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Naples Global Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $10,883,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Atlantic Union Bankshares Corp raised its stake in iShares Russell 1000 Value ETF by 612.7% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock valued at $4,474,000 after purchasing an additional 19,804 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in shares of iShares Russell 1000 Value ETF by 25.4% during the third quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock worth $14,915,000 after buying an additional 14,842 shares in the last quarter. Americana Partners LLC raised its position in shares of iShares Russell 1000 Value ETF by 78.9% in the third quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock valued at $34,732,000 after buying an additional 75,256 shares during the last quarter. Joel Adams & Associates Inc. raised its position in shares of iShares Russell 1000 Value ETF by 93.2% in the second quarter. Joel Adams & Associates Inc. now owns 2,900 shares of the exchange traded fund’s stock valued at $563,000 after buying an additional 1,399 shares during the last quarter. Finally, 1ST Source Bank lifted its stake in shares of iShares Russell 1000 Value ETF by 0.3% during the second quarter. 1ST Source Bank now owns 677,377 shares of the exchange traded fund’s stock valued at $131,567,000 after buying an additional 2,259 shares during the period. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $219.71 on Friday. The company has a 50 day moving average price of $211.33 and a two-hundred day moving average price of $204.53. The stock has a market capitalization of $69.85 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $220.72.

iShares Russell 1000 Value ETF Company 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.