10,399 Shares in iShares Russell 1000 Value ETF $IWD Bought by Beacon Advisors Holdings LLC

Beacon Advisors Holdings LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, HoldingsChannel reports. The fund bought 10,399 shares of the exchange traded fund’s stock, valued at approximately $2,187,000. iShares Russell 1000 Value ETF accounts for approximately 1.2% of Beacon Advisors Holdings LLC’s investment portfolio, making the stock its 23rd biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of IWD. Morgan Stanley boosted its stake in shares of iShares Russell 1000 Value ETF by 9.0% during the fourth quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock valued at $8,342,840,000 after purchasing an additional 3,280,476 shares in the last quarter. Bank of America Corp DE increased its stake in shares of iShares Russell 1000 Value ETF by 5.4% in the fourth quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock valued at $10,991,657,000 after buying an additional 2,686,078 shares during the period. 71 West Capital Partners acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $240,065,000. Wells Fargo & Company MN raised its holdings in iShares Russell 1000 Value ETF by 20.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after buying an additional 995,230 shares during the last quarter. Finally, Focus Partners Wealth raised its holdings in iShares Russell 1000 Value ETF by 151.8% in the 4th quarter. Focus Partners Wealth now owns 1,412,808 shares of the exchange traded fund’s stock valued at $297,152,000 after buying an additional 851,770 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $242.18 on Friday. iShares Russell 1000 Value ETF has a one year low of $188.55 and a one year high of $245.51. The company has a market cap of $77.79 billion, a PE ratio of 18.83 and a beta of 0.84. The firm’s 50 day simple moving average is $233.12 and its 200 day simple moving average is $222.49.

iShares Russell 1000 Value ETF 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.