LPL Financial LLC Buys 88,708 Shares of iShares Russell 1000 Value ETF $IWD

LPL Financial LLC raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,290,502 shares of the exchange traded fund’s stock after purchasing an additional 88,708 shares during the period. LPL Financial LLC owned approximately 1.38% of iShares Russell 1000 Value ETF worth $902,464,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Brandywine Global Investment Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 20.8% in the 4th quarter. Brandywine Global Investment Management LLC now owns 242,573 shares of the exchange traded fund’s stock valued at $51,023,000 after purchasing an additional 41,803 shares during the period. O Shaughnessy Asset Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 397.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 275,191 shares of the exchange traded fund’s stock valued at $57,884,000 after purchasing an additional 219,845 shares during the period. Hilton Head Capital Partners LLC bought a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at $66,000. Napier Financial LLC bought a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at $16,363,000. Finally, JPMorgan Chase & Co. boosted its holdings in iShares Russell 1000 Value ETF by 3.8% in the 4th quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock valued at $1,946,005,000 after purchasing an additional 338,948 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $236.42 on Monday. The company has a 50-day moving average of $228.38 and a 200-day moving average of $220.26. The company has a market capitalization of $75.94 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52 week low of $188.55 and a 52 week high of $241.35.

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). 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.