Strategic Wealth Advisors LLC Takes $2.75 Million Position in iShares Russell 1000 Value ETF $IWD

Strategic Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 13,076 shares of the exchange traded fund’s stock, valued at approximately $2,750,000. iShares Russell 1000 Value ETF comprises 2.4% of Strategic Wealth Advisors LLC’s investment portfolio, making the stock its 16th biggest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its position in shares of iShares Russell 1000 Value ETF by 1.4% in the third quarter. Envestnet Asset Management Inc. now owns 6,693,245 shares of the exchange traded fund’s stock valued at $1,362,678,000 after purchasing an additional 93,461 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. M&T Bank Corp grew its position in shares of iShares Russell 1000 Value ETF by 0.9% in the fourth quarter. M&T Bank Corp now owns 3,785,045 shares of the exchange traded fund’s stock valued at $796,147,000 after purchasing an additional 32,694 shares during the last quarter. Finally, Truist Financial Corp grew its position in shares of iShares Russell 1000 Value ETF by 4.7% in the fourth quarter. Truist Financial Corp now owns 2,344,574 shares of the exchange traded fund’s stock valued at $493,158,000 after purchasing an additional 105,648 shares during the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $232.02 on Friday. The firm has a 50-day simple moving average of $220.93 and a 200 day simple moving average of $215.68. iShares Russell 1000 Value ETF has a twelve month low of $184.47 and a twelve month high of $234.81. The stock has a market cap of $74.52 billion, a PE ratio of 18.83 and a beta of 0.84.

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.