JPMorgan Chase & Co. Raises Stock Holdings in iShares Russell 1000 Value ETF $IWD

JPMorgan Chase & Co. grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,251,710 shares of the exchange traded fund’s stock after buying an additional 338,948 shares during the quarter. JPMorgan Chase & Co. owned approximately 2.97% of iShares Russell 1000 Value ETF worth $1,946,005,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWD. Diamond Hill Capital Management Inc. increased its position in iShares Russell 1000 Value ETF by 24,828.5% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 556,903 shares of the exchange traded fund’s stock worth $117,139,000 after buying an additional 554,669 shares in the last quarter. Confluence Investment Management LLC increased its position in iShares Russell 1000 Value ETF by 2,904.9% in the fourth quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock worth $119,601,000 after buying an additional 549,686 shares in the last quarter. BNP Paribas Financial Markets increased its position in iShares Russell 1000 Value ETF by 91.1% in the fourth quarter. BNP Paribas Financial Markets now owns 1,053,204 shares of the exchange traded fund’s stock worth $221,531,000 after buying an additional 502,015 shares in the last quarter. Dynasty Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $83,260,000. Finally, Tcfg Wealth Management LLC increased its position in iShares Russell 1000 Value ETF by 12,109.1% in the third quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock worth $65,472,000 after buying an additional 318,953 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.4%

Shares of IWD opened at $237.27 on Tuesday. The stock has a market cap of $76.21 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The business has a 50-day simple moving average of $228.87 and a two-hundred day simple moving average of $220.51. iShares Russell 1000 Value ETF has a 52 week low of $188.55 and a 52 week high of $241.35.

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.