Invested Advisors Buys Shares of 9,919 iShares Russell 1000 Value ETF $IWD

Invested Advisors acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 9,919 shares of the exchange traded fund’s stock, valued at approximately $1,847,000. iShares Russell 1000 Value ETF comprises about 2.5% of Invested Advisors’ holdings, making the stock its 8th largest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of iShares Russell 1000 Value ETF by 140.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock valued at $1,777,787,000 after purchasing an additional 32,036,243 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Russell 1000 Value ETF by 0.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock valued at $1,281,871,000 after purchasing an additional 57,669 shares in the last quarter. Baird Financial Group Inc. increased its stake in 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 valued at $1,024,618,000 after purchasing an additional 593,784 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 1.6% in the second quarter. Raymond James Financial Inc. now owns 4,978,791 shares of the exchange traded fund’s stock worth $967,031,000 after buying an additional 76,936 shares during the last quarter. Finally, M&T Bank Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 3.3% during the second 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 period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $216.14 on Friday. The business has a fifty day moving average of $208.67 and a 200 day moving average of $202.86. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $216.79. The firm has a market capitalization of $71.60 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.