Wells Fargo & Company MN grew its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 20.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,895,769 shares of the exchange traded fund’s stock after purchasing an additional 995,230 shares during the quarter. Wells Fargo & Company MN’s holdings in iShares Russell 1000 Value ETF were worth $1,240,116,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the business. Goldman Sachs Group Inc. grew its position in shares of iShares Russell 1000 Value ETF by 0.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock valued at $2,400,861,000 after purchasing an additional 85,365 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Russell 1000 Value ETF by 3.8% in the fourth quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock valued at $1,946,005,000 after purchasing an additional 338,948 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of iShares Russell 1000 Value ETF by 3.5% in the third 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 purchasing an additional 176,135 shares during the last quarter. Northern Trust Corp grew its position in shares of iShares Russell 1000 Value ETF by 3.4% in the third quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock valued at $994,800,000 after purchasing an additional 162,782 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of iShares Russell 1000 Value ETF by 2.1% in the fourth quarter. LPL Financial LLC now owns 4,290,502 shares of the exchange traded fund’s stock valued at $902,464,000 after purchasing an additional 88,708 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Price Performance
IWD stock opened at $242.13 on Friday. The company’s 50 day simple moving average is $231.02 and its 200-day simple moving average is $221.41. The firm has a market capitalization of $77.77 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12 month low of $188.55 and a 12 month high of $243.00.
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.
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