Sylvest Advisors LLC lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 4.1% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 122,226 shares of the exchange traded fund’s stock after buying an additional 4,776 shares during the quarter. iShares Russell 1000 Value ETF comprises 13.9% of Sylvest Advisors LLC’s holdings, making the stock its biggest position. Sylvest Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $26,116,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the business. Reyes Financial Architecture Inc. acquired a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at $25,000. IFC & Insurance Marketing Inc. acquired a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at about $28,000. MBM Wealth Consultants LLC acquired a new position in iShares Russell 1000 Value ETF in the first quarter valued at about $29,000. Holos Integrated Wealth LLC bought a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth about $31,000. Finally, Grand Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth about $31,000. Institutional investors own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Stock Down 0.7%
Shares of iShares Russell 1000 Value ETF stock opened at $242.76 on Friday. The firm’s 50-day moving average price is $235.43 and its two-hundred day moving average price is $223.77. The company has a market capitalization of $77.97 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 $191.64 and a 12-month high of $245.71.
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.
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