Rhumbline Advisers increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 261.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,303 shares of the exchange traded fund’s stock after purchasing an additional 84,098 shares during the quarter. Rhumbline Advisers’ holdings in iShares Russell 1000 Value ETF were worth $14,726,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWD. Signature Estate & Investment Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF during the 3rd quarter worth about $103,000. NEXT Financial Group Inc acquired a new position in iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $109,000. Macquarie Group Ltd. acquired a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $116,000. Investment Partners LTD. increased its position in iShares Russell 1000 Value ETF by 2.6% during the 3rd quarter. Investment Partners LTD. now owns 34,503 shares of the exchange traded fund’s stock worth $127,000 after purchasing an additional 877 shares during the period. Finally, AlphaMark Advisors LLC acquired a new position in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $139,000.
IWD opened at $119.31 on Monday. iShares Russell 1000 Value ETF has a 1-year low of $116.03 and a 1-year high of $131.56.
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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).
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