Providence First Trust Co Takes $321,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Providence First Trust Co acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,734 shares of the exchange traded fund’s stock, valued at approximately $321,000.

A number of other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 0.7% during the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after buying an additional 23,197 shares during the period. PNC Financial Services Group Inc. lifted its position in iShares Russell 1000 Value ETF by 0.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after acquiring an additional 10,304 shares during the period. Synovus Financial Corp grew its stake in iShares Russell 1000 Value ETF by 1.2% during the 3rd quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock valued at $540,724,000 after purchasing an additional 34,700 shares during the last quarter. Truist Financial Corp increased its holdings in shares of iShares Russell 1000 Value ETF by 13.6% in the fourth quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock valued at $463,076,000 after purchasing an additional 299,280 shares during the period. Finally, Stifel Financial Corp raised 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 worth $369,623,000 after purchasing an additional 70,612 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 1.3 %

Shares of NYSEARCA IWD opened at $194.37 on Friday. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week high of $200.42. The business’s 50 day moving average price is $190.87 and its 200 day moving average price is $190.29. The firm has a market cap of $62.52 billion, a P/E ratio of 19.81 and a beta of 0.98.

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).