Evergreen Advisors LLC Acquires New Shares in iShares Russell 1000 Value ETF $IWD

Evergreen Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, HoldingsChannel reports. The fund acquired 4,128 shares of the exchange traded fund’s stock, valued at approximately $868,000. iShares Russell 1000 Value ETF accounts for about 0.2% of Evergreen Advisors LLC’s investment portfolio, making the stock its 12th largest holding.

A number of other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in iShares Russell 1000 Value ETF by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 6,693,245 shares of the exchange traded fund’s stock valued at $1,362,678,000 after purchasing an additional 93,461 shares during the last quarter. Raymond James Financial Inc. boosted its position in iShares Russell 1000 Value ETF by 3.5% during the third quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock valued at $1,049,492,000 after purchasing an additional 176,135 shares during the last quarter. Northern Trust Corp boosted its position in iShares Russell 1000 Value ETF by 3.4% during the third quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock valued at $994,800,000 after purchasing an additional 162,782 shares during the last quarter. M&T Bank Corp boosted its position in iShares Russell 1000 Value ETF by 0.9% during the fourth quarter. M&T Bank Corp now owns 3,785,045 shares of the exchange traded fund’s stock valued at $796,147,000 after purchasing an additional 32,694 shares during the last quarter. Finally, Truist Financial Corp boosted its position in iShares Russell 1000 Value ETF by 4.7% during the fourth quarter. Truist Financial Corp now owns 2,344,574 shares of the exchange traded fund’s stock valued at $493,158,000 after purchasing an additional 105,648 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $232.18 on Monday. The stock has a market cap of $74.58 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1 year low of $184.69 and a 1 year high of $236.01. The stock has a fifty day moving average price of $222.09 and a 200 day moving average price of $216.88.

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.