22,066 Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD) Acquired by Potentia Wealth

Potentia Wealth purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 22,066 shares of the exchange traded fund’s stock, valued at approximately $4,085,000. iShares Russell 1000 Value ETF accounts for about 1.8% of Potentia Wealth’s investment portfolio, making the stock its 14th largest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $972,637,000. Prudential Financial Inc. grew its stake in iShares Russell 1000 Value ETF by 52.8% in the 4th quarter. Prudential Financial Inc. now owns 2,966,613 shares of the exchange traded fund’s stock valued at $549,209,000 after acquiring an additional 1,025,357 shares during the period. BNP Paribas Financial Markets increased its holdings in iShares Russell 1000 Value ETF by 1,200,216.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after acquiring an additional 780,141 shares in the last quarter. LPL Financial LLC raised its position in iShares Russell 1000 Value ETF by 12.9% during the fourth quarter. LPL Financial LLC now owns 3,720,195 shares of the exchange traded fund’s stock worth $688,720,000 after acquiring an additional 426,218 shares during the period. Finally, Strategic Financial Concepts LLC lifted its holdings in iShares Russell 1000 Value ETF by 18,440.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after purchasing an additional 418,414 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Up 1.4 %

NYSEARCA:IWD opened at $189.75 on Tuesday. The company’s 50-day moving average price is $191.44 and its 200-day moving average price is $190.74. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42. The company has a market cap of $61.37 billion, a P/E ratio of 19.31 and a beta of 0.97.

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).