LRI Investments LLC Increases Stake in iShares Russell 1000 Value ETF $IWD

LRI Investments LLC raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 80.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 6,167 shares of the exchange traded fund’s stock after purchasing an additional 2,741 shares during the quarter. LRI Investments LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,297,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. raised its holdings in iShares Russell 1000 Value ETF by 1.4% during the 3rd 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 buying an additional 93,461 shares during the last quarter. Raymond James Financial Inc. boosted its position in iShares Russell 1000 Value ETF by 3.5% during the 3rd 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 buying an additional 176,135 shares during the period. Northern Trust Corp grew its holdings in iShares Russell 1000 Value ETF by 3.4% in the 3rd quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock worth $994,800,000 after acquiring an additional 162,782 shares during the last quarter. M&T Bank Corp grew its holdings in iShares Russell 1000 Value ETF by 0.9% in the 4th quarter. M&T Bank Corp now owns 3,785,045 shares of the exchange traded fund’s stock worth $796,147,000 after acquiring an additional 32,694 shares during the last quarter. Finally, Truist Financial Corp increased 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 acquiring an additional 105,648 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.8%

Shares of NYSEARCA:IWD opened at $233.90 on Friday. The company has a 50-day moving average price of $220.93 and a 200-day moving average price of $215.68. The company has a market cap of $75.13 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12 month low of $184.61 and a 12 month high of $234.81.

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.