2,305 Shares in iShares Russell 1000 Value ETF $IWD Acquired by Tenzing Financial LLC

Tenzing Financial LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 2,305 shares of the exchange traded fund’s stock, valued at approximately $570,000.

Several other large investors have also recently bought and sold shares of IWD. Morgan Stanley increased its holdings in shares of iShares Russell 1000 Value ETF by 9.0% in the fourth quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock worth $8,342,840,000 after purchasing an additional 3,280,476 shares during the period. Bank of America Corp DE boosted its stake in iShares Russell 1000 Value ETF by 5.4% during 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 bought a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at $240,065,000. Wells Fargo & Company MN grew its position in iShares Russell 1000 Value ETF by 20.3% during the fourth 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, Fifth Third Bancorp grew its position in iShares Russell 1000 Value ETF by 324.3% during the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after buying an additional 910,889 shares in the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $257.56 on Monday. The firm has a market capitalization of $83.68 billion, a P/E ratio of 18.83 and a beta of 0.83. The stock’s 50-day simple moving average is $245.52 and its two-hundred day simple moving average is $231.37. iShares Russell 1000 Value ETF has a twelve month low of $194.80 and a twelve month high of $257.83.

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.