Janney Montgomery Scott LLC Acquires 105,736 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Janney Montgomery Scott LLC boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 59.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 284,776 shares of the exchange traded fund’s stock after purchasing an additional 105,736 shares during the quarter. Janney Montgomery Scott LLC owned about 0.09% of iShares Russell 1000 Value ETF worth $52,721,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IWD. Raymond James & Associates increased its stake in shares of iShares Russell 1000 Value ETF by 0.6% in the 3rd quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock valued at $695,872,000 after acquiring an additional 22,295 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 0.7% during the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock valued at $625,197,000 after purchasing an additional 23,197 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 0.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after purchasing an additional 10,304 shares in the last quarter. Synovus Financial Corp grew its stake in shares of iShares Russell 1000 Value ETF by 1.2% in the 3rd quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock valued at $540,724,000 after buying an additional 34,700 shares during the period. Finally, Stifel Financial Corp increased its position in iShares Russell 1000 Value ETF by 3.8% in the 3rd quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock valued at $369,623,000 after buying an additional 70,612 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $193.95 on Friday. iShares Russell 1000 Value ETF has a 52-week low of $163.99 and a 52-week high of $200.42. The business’s 50 day simple moving average is $191.07 and its two-hundred day simple moving average is $187.56. The firm has a market cap of $60.75 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).