Sapient Capital LLC Has $2.91 Million Position in iShares Russell 1000 Value ETF $IWD

Sapient Capital LLC boosted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 38.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 13,708 shares of the exchange traded fund’s stock after acquiring an additional 3,774 shares during the period. Sapient Capital LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,905,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its holdings in shares of 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 worth $1,362,678,000 after purchasing an additional 93,461 shares in the last quarter. Raymond James Financial Inc. lifted its position in iShares Russell 1000 Value ETF by 3.5% during the third quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock worth $1,049,492,000 after purchasing an additional 176,135 shares during the period. Northern Trust Corp grew its stake in iShares Russell 1000 Value ETF by 3.4% during the third quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock worth $994,800,000 after buying an additional 162,782 shares in the last quarter. M&T Bank Corp increased 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 valued at $796,147,000 after buying an additional 32,694 shares during the period. Finally, Truist Financial Corp raised its position in shares of iShares Russell 1000 Value ETF by 4.7% in the 4th quarter. Truist Financial Corp now owns 2,344,574 shares of the exchange traded fund’s stock valued at $493,158,000 after buying an additional 105,648 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Up 0.2%

Shares of iShares Russell 1000 Value ETF stock opened at $232.67 on Tuesday. The company has a market cap of $74.73 billion, a PE ratio of 18.83 and a beta of 0.84. The company has a 50 day moving average of $222.33 and a 200-day moving average of $217.07. iShares Russell 1000 Value ETF has a 1-year low of $184.69 and a 1-year high of $236.01.

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.