Beirne Wealth Consulting Services LLC Increases Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Beirne Wealth Consulting Services LLC raised its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.5% in the fourth quarter, Holdings Channel reports. The fund owned 176,324 shares of the exchange traded fund’s stock after acquiring an additional 931 shares during the period. iShares Russell 1000 Value ETF comprises approximately 11.8% of Beirne Wealth Consulting Services LLC’s holdings, making the stock its 2nd biggest position. Beirne Wealth Consulting Services LLC’s holdings in iShares Russell 1000 Value ETF were worth $32,647,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its position in iShares Russell 1000 Value ETF by 0.7% during the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after acquiring an additional 23,197 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in 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 boosted its stake in iShares Russell 1000 Value ETF by 1.2% in the third quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock worth $540,724,000 after purchasing an additional 34,700 shares in the last quarter. Truist Financial Corp grew its holdings in shares of iShares Russell 1000 Value ETF by 13.6% during the fourth quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock worth $463,076,000 after purchasing an additional 299,280 shares during the last quarter. Finally, Stifel Financial Corp increased its stake in shares of iShares Russell 1000 Value ETF by 3.8% in the third 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 Stock Up 0.6 %

Shares of NYSEARCA IWD opened at $195.62 on Wednesday. iShares Russell 1000 Value ETF has a 12-month low of $167.96 and a 12-month high of $200.42. The firm’s 50-day simple moving average is $190.10 and its 200 day simple moving average is $189.51. The company has a market cap of $61.28 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).