BCI Securities Inc. Makes New Investment in iShares Russell 1000 Value ETF $IWD

BCI Securities Inc. bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 5,471 shares of the exchange traded fund’s stock, valued at approximately $1,151,000. iShares Russell 1000 Value ETF comprises about 9.9% of BCI Securities Inc.’s holdings, making the stock its 3rd largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWD. Sax Wealth Advisors LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 0.5% during the 4th quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock valued at $2,013,000 after buying an additional 49 shares in the last quarter. Cibc World Market Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 3.1% during the 4th quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock valued at $346,000 after buying an additional 49 shares in the last quarter. Capital Advantage Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 0.9% during the 4th quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock valued at $1,231,000 after buying an additional 51 shares in the last quarter. Tortoise Investment Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 2.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock valued at $458,000 after buying an additional 54 shares in the last quarter. Finally, Greenwood Gearhart Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 1.8% during the 3rd quarter. Greenwood Gearhart Inc. now owns 3,215 shares of the exchange traded fund’s stock valued at $655,000 after buying an additional 57 shares in the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Trading Down 0.3%

Shares of IWD stock opened at $242.96 on Wednesday. The stock has a market capitalization of $78.04 billion, a P/E ratio of 18.83 and a beta of 0.84. The firm’s 50 day moving average is $232.13 and its 200 day moving average is $222.03. iShares Russell 1000 Value ETF has a 12 month low of $188.55 and a 12 month high of $245.51.

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.