Equity Investment Corp Raises Holdings in iShares Russell 1000 Value ETF $IWD

Equity Investment Corp boosted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 22.7% during the third quarter, Holdings Channel.com reports. The fund owned 203,866 shares of the exchange traded fund’s stock after purchasing an additional 37,740 shares during the quarter. Equity Investment Corp’s holdings in iShares Russell 1000 Value ETF were worth $41,505,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in iShares Russell 1000 Value ETF by 140.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock worth $1,777,787,000 after purchasing an additional 32,036,243 shares in the last quarter. Baird Financial Group Inc. grew its stake in iShares Russell 1000 Value ETF by 12.7% during the second quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock worth $1,024,618,000 after buying an additional 593,784 shares during the period. Independence Asset Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the second quarter worth $59,496,000. Thrivent Financial for Lutherans raised its stake in shares of iShares Russell 1000 Value ETF by 615.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock valued at $59,280,000 after acquiring an additional 250,498 shares during the period. Finally, MJP Associates Inc. ADV purchased a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at $35,330,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Up 0.1%

Shares of iShares Russell 1000 Value ETF stock opened at $221.91 on Wednesday. The company has a fifty day moving average price of $214.00 and a 200 day moving average price of $206.00. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $223.18. The stock has a market cap of $69.50 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.