Capital Investment Advisors LLC Acquires New Holdings in iShares Russell 1000 Value ETF $IWD

Capital Investment Advisors LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, HoldingsChannel.com reports. The firm bought 26,346 shares of the exchange traded fund’s stock, valued at approximately $6,532,000.

A number of other large investors have also recently bought and sold shares of IWD. Capital City Trust Co. FL acquired a new position in iShares Russell 1000 Value ETF during the third quarter worth $784,000. Fifth Third Wealth Advisors LLC increased its position in shares of iShares Russell 1000 Value ETF by 8.6% in the third quarter. Fifth Third Wealth Advisors LLC now owns 34,379 shares of the exchange traded fund’s stock worth $8,524,000 after purchasing an additional 2,720 shares during the period. Sterling Capital Management LLC lifted its stake in iShares Russell 1000 Value ETF by 50.3% during the third quarter. Sterling Capital Management LLC now owns 4,178 shares of the exchange traded fund’s stock worth $1,036,000 after purchasing an additional 1,398 shares during the last quarter. Christensen King & Associates Investment Services Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 79.9% during the third quarter. Christensen King & Associates Investment Services Inc. now owns 2,278 shares of the exchange traded fund’s stock worth $565,000 after buying an additional 1,012 shares during the last quarter. Finally, Washington Trust Advisors Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 19.1% in the third quarter. Washington Trust Advisors Inc. now owns 918 shares of the exchange traded fund’s stock valued at $228,000 after buying an additional 147 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.6%

NYSEARCA IWD opened at $257.42 on Friday. The business’s 50-day moving average price is $254.61 and its two-hundred day moving average price is $244.98. The firm has a market capitalization of $84.23 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12 month low of $199.79 and a 12 month high of $260.19.

iShares Russell 1000 Value ETF 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.