Park Place Capital Corp Raises Stock Position in iShares Russell 1000 Value ETF $IWD

Park Place Capital Corp boosted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 40.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 9,836 shares of the exchange traded fund’s stock after acquiring an additional 2,813 shares during the period. Park Place Capital Corp’s holdings in iShares Russell 1000 Value ETF were worth $2,069,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWD. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 6,693,245 shares of the exchange traded fund’s stock worth $1,362,678,000 after purchasing an additional 93,461 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of iShares Russell 1000 Value ETF by 12.7% during the 2nd quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock worth $1,024,618,000 after purchasing an additional 593,784 shares during the last quarter. Raymond James Financial Inc. lifted its stake in iShares Russell 1000 Value ETF by 3.5% in the 3rd quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock valued at $1,049,492,000 after buying an additional 176,135 shares in the last quarter. Northern Trust Corp boosted its holdings in iShares Russell 1000 Value ETF by 3.4% in the 3rd quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock worth $994,800,000 after buying an additional 162,782 shares during the last quarter. Finally, M&T Bank Corp boosted its holdings in iShares Russell 1000 Value ETF by 3.3% in the 2nd quarter. M&T Bank Corp now owns 3,931,029 shares of the exchange traded fund’s stock worth $763,524,000 after buying an additional 126,874 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.9%

NYSEARCA:IWD opened at $213.13 on Tuesday. The stock has a 50 day moving average of $220.36 and a two-hundred day moving average of $211.42. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $226.39. The firm has a market cap of $66.40 billion, a P/E ratio of 18.83 and a beta of 0.89.

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). 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.