Cypress Capital Group Takes Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cypress Capital Group bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,805 shares of the exchange traded fund’s stock, valued at approximately $334,000.

Several other institutional investors and hedge funds have also bought and sold shares of IWD. BNP Paribas Financial Markets raised its holdings in iShares Russell 1000 Value ETF by 1,200,216.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after acquiring an additional 780,141 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 18,440.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after purchasing an additional 418,414 shares during the last quarter. Equity Investment Corp boosted its holdings in shares of iShares Russell 1000 Value ETF by 291.7% during the 4th quarter. Equity Investment Corp now owns 439,833 shares of the exchange traded fund’s stock valued at $81,426,000 after purchasing an additional 327,537 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of iShares Russell 1000 Value ETF by 13.6% in the 4th quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock valued at $463,076,000 after acquiring an additional 299,280 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. raised its position in iShares Russell 1000 Value ETF by 461.4% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 333,272 shares of the exchange traded fund’s stock worth $61,699,000 after purchasing an additional 273,905 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $190.33 on Thursday. The firm has a market cap of $61.22 billion, a PE ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a one year low of $168.85 and a one year high of $200.42. The firm’s 50 day simple moving average is $191.09 and its 200-day simple moving average is $190.57.

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).