NWQ Investment Management Company LLC boosted its stake in shares of iShares Russell 1000 Value Index (NYSEARCA:IWD) by 689.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 141,629 shares of the exchange traded fund’s stock after purchasing an additional 123,685 shares during the quarter. NWQ Investment Management Company LLC’s holdings in iShares Russell 1000 Value Index were worth $17,610,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Edelman Financial Services LLC raised its position in iShares Russell 1000 Value Index by 2.5% in the third quarter. Edelman Financial Services LLC now owns 20,384,432 shares of the exchange traded fund’s stock worth $2,415,759,000 after acquiring an additional 489,144 shares during the period. Goldman Sachs Group Inc. raised its position in iShares Russell 1000 Value Index by 5.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 9,651,757 shares of the exchange traded fund’s stock worth $1,200,100,000 after acquiring an additional 511,368 shares during the period. TIAA FSB raised its position in iShares Russell 1000 Value Index by 3.4% in the fourth quarter. TIAA FSB now owns 7,017,350 shares of the exchange traded fund’s stock worth $872,537,000 after acquiring an additional 228,697 shares during the period. American Century Companies Inc. raised its position in iShares Russell 1000 Value Index by 82.0% in the fourth quarter. American Century Companies Inc. now owns 6,718,270 shares of the exchange traded fund’s stock worth $835,350,000 after acquiring an additional 3,026,578 shares during the period. Finally, BlackRock Inc. raised its position in iShares Russell 1000 Value Index by 23.0% in the fourth quarter. BlackRock Inc. now owns 3,261,131 shares of the exchange traded fund’s stock worth $405,489,000 after acquiring an additional 609,515 shares during the period.

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Shares of iShares Russell 1000 Value Index (NYSEARCA:IWD) opened at $125.09 on Wednesday. The company has a market cap of $37,550.00 and a price-to-earnings ratio of 15.18. iShares Russell 1000 Value Index has a 52-week low of $112.39 and a 52-week high of $131.56.

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About iShares Russell 1000 Value Index

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).

Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value Index (NYSEARCA:IWD).

Institutional Ownership by Quarter for iShares Russell 1000 Value Index (NYSEARCA:IWD)

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