Integrated Wealth Concepts LLC Increases Stock Holdings in iShares Russell 1000 Value ETF $IWD

Integrated Wealth Concepts LLC increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 19.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,220 shares of the exchange traded fund’s stock after buying an additional 11,223 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares Russell 1000 Value ETF were worth $16,781,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Morgan Stanley lifted its stake 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 valued at $8,342,840,000 after acquiring an additional 3,280,476 shares in the last quarter. Bank of America Corp DE grew its stake in shares of iShares Russell 1000 Value ETF by 5.4% in the 4th quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after acquiring an additional 2,686,078 shares in the last quarter. Greenleaf Trust grew its stake in shares of iShares Russell 1000 Value ETF by 20,660.3% in the 2nd quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after acquiring an additional 1,484,030 shares in the last quarter. 71 West Capital Partners purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at about $240,065,000. Finally, Wells Fargo & Company MN raised its holdings in shares of iShares Russell 1000 Value ETF by 20.3% in the fourth 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 purchasing an additional 995,230 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $254.06 on Thursday. The company’s 50-day moving average is $253.17 and its 200 day moving average is $237.18. iShares Russell 1000 Value ETF has a fifty-two week low of $199.40 and a fifty-two week high of $260.19. The firm has a market capitalization of $82.54 billion, a P/E ratio of 18.83 and a beta of 0.83.

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.