Perennial Investment Advisors LLC Has $927,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Perennial Investment Advisors LLC boosted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 37.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,007 shares of the exchange traded fund’s stock after buying an additional 1,361 shares during the quarter. Perennial Investment Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $927,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IWD. Rialto Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $676,000. Rebalance LLC grew its holdings in iShares Russell 1000 Value ETF by 0.7% during the 4th quarter. Rebalance LLC now owns 42,010 shares of the exchange traded fund’s stock worth $7,777,000 after acquiring an additional 306 shares during the period. Wedmont Private Capital raised its position in shares of iShares Russell 1000 Value ETF by 49.5% during the 4th quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock valued at $750,000 after acquiring an additional 1,351 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 18,440.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after purchasing an additional 418,414 shares during the period. Finally, Private Portfolio Partners LLC boosted its position in shares of iShares Russell 1000 Value ETF by 1.6% in the 4th quarter. Private Portfolio Partners LLC now owns 5,132 shares of the exchange traded fund’s stock worth $950,000 after purchasing an additional 80 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Down 6.1 %

NYSEARCA IWD opened at $170.39 on Friday. iShares Russell 1000 Value ETF has a 12 month low of $168.85 and a 12 month high of $200.42. The stock has a 50-day simple moving average of $190.40 and a 200 day simple moving average of $190.73. The company has a market capitalization of $56.03 billion, a PE ratio of 19.48 and a beta of 0.90.

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).