Lyell Wealth Management LP purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,320 shares of the exchange traded fund’s stock, valued at approximately $244,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its stake in iShares Russell 1000 Value ETF by 0.7% in the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after acquiring an additional 23,197 shares during the period. PNC Financial Services Group Inc. lifted its position in iShares Russell 1000 Value ETF by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock valued at $616,331,000 after buying an additional 10,304 shares during the period. Synovus Financial Corp lifted its position in iShares Russell 1000 Value ETF by 1.2% during the third 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. Truist Financial Corp lifted its position in iShares Russell 1000 Value ETF by 13.6% during the fourth quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock valued at $463,076,000 after buying an additional 299,280 shares during the period. Finally, Stifel Financial Corp lifted its position in iShares Russell 1000 Value ETF by 3.8% during the third 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 during the period.
iShares Russell 1000 Value ETF Trading Up 0.3 %
Shares of iShares Russell 1000 Value ETF stock opened at $196.21 on Thursday. The firm has a market capitalization of $61.46 billion, a P/E ratio of 17.81 and a beta of 0.77. The business has a fifty day simple moving average of $190.16 and a two-hundred day simple moving average of $189.56. iShares Russell 1000 Value ETF has a 12 month low of $167.96 and a 12 month high of $200.42.
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).
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