iShares Russell 1000 Value ETF $IWD Stock Acquired by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 17.4% in the third quarter, HoldingsChannel.com reports. The fund owned 26,260 shares of the exchange traded fund’s stock after acquiring an additional 3,892 shares during the quarter. Provenance Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $6,511,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Baird Financial Group Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 2.7% in the 2nd quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock valued at $1,501,218,000 after purchasing an additional 165,599 shares during the period. Stairway Partners LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at about $326,735,000. Fifth Third Bancorp grew its stake in iShares Russell 1000 Value ETF by 324.3% during the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after purchasing an additional 910,889 shares during the period. Oakworth Capital Inc. acquired a new stake in iShares Russell 1000 Value ETF during the third quarter worth approximately $217,500,000. Finally, Bank of New York Mellon Corp grew its stake in iShares Russell 1000 Value ETF by 5.3% during the first quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock worth $193,067,000 after purchasing an additional 45,283 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $258.58 on Wednesday. The company has a market cap of $83.19 billion, a P/E ratio of 18.83 and a beta of 0.84. The stock has a 50 day simple moving average of $254.84 and a two-hundred day simple moving average of $238.53. iShares Russell 1000 Value ETF has a fifty-two week low of $199.79 and a fifty-two week high of $261.14.

About iShares Russell 1000 Value ETF

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.