iShares Russell 1000 Value ETF $IWD Position Boosted by MML Investors Services LLC

MML Investors Services LLC raised its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 455,284 shares of the exchange traded fund’s stock after acquiring an additional 47,001 shares during the quarter. MML Investors Services LLC owned approximately 0.15% of iShares Russell 1000 Value ETF worth $95,765,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of IWD. 1ST Source Bank grew its stake in shares of iShares Russell 1000 Value ETF by 1.3% in the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock valued at $139,686,000 after buying an additional 8,737 shares in the last quarter. Focus Partners Advisor Solutions LLC grew its stake in shares of iShares Russell 1000 Value ETF by 32.6% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock valued at $5,308,000 after buying an additional 6,380 shares in the last quarter. Brown Miller Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $1,213,000. Claro Advisors LLC grew its stake in shares of iShares Russell 1000 Value ETF by 21.2% in the 3rd quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock valued at $20,707,000 after buying an additional 17,760 shares in the last quarter. Finally, Personal CFO Solutions LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $1,539,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $242.13 on Monday. The stock has a market capitalization of $77.77 billion, a P/E ratio of 18.83 and a beta of 0.84. The stock has a 50 day moving average price of $231.02 and a two-hundred day moving average price of $221.53. 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.