Keel Point LLC Acquires 7,309 Shares of iShares Russell 1000 Value ETF $IWD

Keel Point LLC boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 90,660 shares of the exchange traded fund’s stock after purchasing an additional 7,309 shares during the quarter. iShares Russell 1000 Value ETF comprises 1.1% of Keel Point LLC’s portfolio, making the stock its 18th biggest holding. Keel Point LLC’s holdings in iShares Russell 1000 Value ETF were worth $19,069,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWD. Diamond Hill Capital Management Inc. raised its stake in iShares Russell 1000 Value ETF by 24,828.5% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 556,903 shares of the exchange traded fund’s stock valued at $117,139,000 after purchasing an additional 554,669 shares during the period. Confluence Investment Management LLC raised its stake in iShares Russell 1000 Value ETF by 2,904.9% during the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock valued at $119,601,000 after purchasing an additional 549,686 shares during the period. BNP Paribas Financial Markets raised its stake in iShares Russell 1000 Value ETF by 91.1% during the 4th quarter. BNP Paribas Financial Markets now owns 1,053,204 shares of the exchange traded fund’s stock valued at $221,531,000 after purchasing an additional 502,015 shares during the period. Dynasty Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at approximately $83,260,000. Finally, JPMorgan Chase & Co. raised its stake in iShares Russell 1000 Value ETF by 3.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock valued at $1,946,005,000 after purchasing an additional 338,948 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $239.78 on Friday. iShares Russell 1000 Value ETF has a 1 year low of $188.55 and a 1 year high of $241.35. The stock’s 50 day simple moving average is $230.48 and its two-hundred day simple moving average is $221.27. The company has a market cap of $77.02 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

About iShares Russell 1000 Value ETF

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.