Tcfg Wealth Management LLC grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 12,109.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 321,587 shares of the exchange traded fund’s stock after acquiring an additional 318,953 shares during the quarter. iShares Russell 1000 Value ETF accounts for 5.3% of Tcfg Wealth Management LLC’s holdings, making the stock its 3rd biggest position. Tcfg Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $65,472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in iShares Russell 1000 Value ETF by 140.0% during the second quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock valued at $1,777,787,000 after purchasing an additional 32,036,243 shares during the period. Baird Financial Group Inc. increased its stake in iShares Russell 1000 Value ETF by 12.7% in the second quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock valued at $1,024,618,000 after purchasing an additional 593,784 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in iShares Russell 1000 Value ETF by 615.9% in the third quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock worth $59,280,000 after purchasing an additional 250,498 shares during the period. Franklin Resources Inc. raised its holdings in iShares Russell 1000 Value ETF by 50.5% in the third quarter. Franklin Resources Inc. now owns 566,887 shares of the exchange traded fund’s stock worth $115,413,000 after purchasing an additional 190,293 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 3.5% during the third quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock worth $1,049,492,000 after purchasing an additional 176,135 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Stock Up 0.1%
Shares of IWD stock opened at $216.84 on Wednesday. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $226.39. The firm has a market capitalization of $67.56 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The firm has a fifty day moving average of $220.62 and a 200-day moving average of $211.08.
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.
Featured Stories
Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report).
Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
