iShares Russell 1000 Value ETF (NYSEARCA:IWD) Position Boosted by Towerpoint Wealth LLC

Towerpoint Wealth LLC grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,064 shares of the exchange traded fund’s stock after buying an additional 255 shares during the quarter. iShares Russell 1000 Value ETF makes up 2.7% of Towerpoint Wealth LLC’s portfolio, making the stock its 8th biggest holding. Towerpoint Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $5,566,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Raymond James & Associates increased its holdings in iShares Russell 1000 Value ETF by 0.6% in the 3rd quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock worth $695,872,000 after acquiring an additional 22,295 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares Russell 1000 Value ETF by 0.7% in the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after purchasing an additional 23,197 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after purchasing an additional 10,304 shares in the last quarter. Synovus Financial Corp raised its position in shares of iShares Russell 1000 Value ETF by 1.2% during the 3rd quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock valued at $540,724,000 after purchasing an additional 34,700 shares during the period. Finally, Stifel Financial Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 3.8% during the 3rd quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock valued at $369,623,000 after buying an additional 70,612 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Up 0.0 %

iShares Russell 1000 Value ETF stock traded up $0.04 during mid-day trading on Thursday, hitting $189.00. The stock had a trading volume of 125,800 shares, compared to its average volume of 2,511,823. The firm’s 50 day moving average is $191.52 and its 200 day moving average is $186.91. The firm has a market capitalization of $59.20 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a one year low of $160.98 and a one year high of $200.42.

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).