Kornitzer Capital Management Inc. KS Boosts Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Kornitzer Capital Management Inc. KS grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,826 shares of the exchange traded fund’s stock after acquiring an additional 161 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in iShares Russell 1000 Value ETF were worth $1,449,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at $32,000. Peterson Wealth Services purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $32,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $35,000. Carmichael Hill & Associates Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 536.1% in the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 193 shares in the last quarter. Finally, Northwest Investment Counselors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at $44,000.

iShares Russell 1000 Value ETF Stock Up 0.3 %

Shares of NYSEARCA:IWD opened at $196.21 on Thursday. iShares Russell 1000 Value ETF has a 52-week low of $167.96 and a 52-week high of $200.42. The stock’s fifty day simple moving average is $190.16 and its 200-day simple moving average is $189.56. The company has a market capitalization of $61.46 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).