iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Purchased by Arbor Investment Advisors LLC

Arbor Investment Advisors LLC raised its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,235 shares of the exchange traded fund’s stock after buying an additional 330 shares during the quarter. iShares Russell 1000 Value ETF comprises about 1.0% of Arbor Investment Advisors LLC’s investment portfolio, making the stock its 17th biggest position. Arbor Investment Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $7,263,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Marshall Investment Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at $52,000. TCW Group Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 46.7% during the fourth quarter. TCW Group Inc. now owns 21,058 shares of the exchange traded fund’s stock worth $3,898,000 after purchasing an additional 6,706 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 1.1% during the fourth quarter. First Horizon Advisors Inc. now owns 199,496 shares of the exchange traded fund’s stock worth $36,933,000 after purchasing an additional 2,220 shares during the last quarter. Pinnacle Financial Partners Inc boosted its holdings in shares of iShares Russell 1000 Value ETF by 13.2% during the fourth quarter. Pinnacle Financial Partners Inc now owns 178,372 shares of the exchange traded fund’s stock worth $33,050,000 after purchasing an additional 20,750 shares during the last quarter. Finally, Compass Planning Associates Inc acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $148,000.

iShares Russell 1000 Value ETF Stock Down 1.4 %

IWD stock opened at $192.64 on Friday. iShares Russell 1000 Value ETF has a 52-week low of $168.85 and a 52-week high of $200.42. The stock’s fifty day simple moving average is $190.23 and its 200-day simple moving average is $189.83. The stock has a market capitalization of $60.34 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).