NFJ Investment Group LLC Has $8.65 Million Stock Position in iShares Russell 1000 Value ETF $IWD

NFJ Investment Group LLC increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1,705.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,105 shares of the exchange traded fund’s stock after buying an additional 38,828 shares during the period. NFJ Investment Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $8,646,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Morgan Stanley lifted its position in iShares Russell 1000 Value ETF by 9.0% during the 4th quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock worth $8,342,840,000 after buying an additional 3,280,476 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in iShares Russell 1000 Value ETF by 0.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock worth $2,400,861,000 after buying an additional 85,365 shares in the last quarter. JPMorgan Chase & Co. lifted its position in iShares Russell 1000 Value ETF by 3.8% during the 4th quarter. JPMorgan Chase & Co. now owns 9,251,710 shares of the exchange traded fund’s stock worth $1,946,005,000 after buying an additional 338,948 shares in the last quarter. Wells Fargo & Company MN lifted its position in iShares Russell 1000 Value ETF by 20.3% during the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock worth $1,240,116,000 after buying an additional 995,230 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in iShares Russell 1000 Value ETF by 3.5% during the 3rd quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock worth $1,049,492,000 after buying an additional 176,135 shares in the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 1.0%

Shares of NYSEARCA IWD opened at $242.13 on Friday. The firm’s 50-day simple moving average is $231.02 and its 200 day simple moving average is $221.41. The company has a market cap of $77.77 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12-month low of $188.55 and a 12-month high of $243.00.

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.