Park Avenue Securities LLC Raises Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Park Avenue Securities LLC lifted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 702.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 83,998 shares of the exchange traded fund’s stock after purchasing an additional 73,529 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Russell 1000 Value ETF were worth $15,550,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Concourse Financial Group Securities Inc. increased its position in shares of iShares Russell 1000 Value ETF by 3.0% during the third quarter. Concourse Financial Group Securities Inc. now owns 1,834 shares of the exchange traded fund’s stock valued at $348,000 after acquiring an additional 53 shares during the last quarter. Greenwood Gearhart Inc. raised its position in iShares Russell 1000 Value ETF by 1.7% in the third quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock valued at $610,000 after purchasing an additional 54 shares during the period. Sigma Investment Counselors Inc. lifted its stake in iShares Russell 1000 Value ETF by 0.9% during the third quarter. Sigma Investment Counselors Inc. now owns 6,005 shares of the exchange traded fund’s stock worth $1,140,000 after purchasing an additional 55 shares in the last quarter. Farmers & Merchants Investments Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 0.8% during the third quarter. Farmers & Merchants Investments Inc. now owns 7,046 shares of the exchange traded fund’s stock worth $1,337,000 after buying an additional 57 shares during the period. Finally, SteelPeak Wealth LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 4.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 1,430 shares of the exchange traded fund’s stock valued at $271,000 after buying an additional 57 shares during the period.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $186.82 on Wednesday. The stock has a market capitalization of $58.52 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The business has a 50-day moving average of $191.52 and a 200 day moving average of $186.91. iShares Russell 1000 Value ETF has a 12 month low of $160.98 and a 12 month high of $200.42.

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).