6,424 Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD) Acquired by Capital Advantage Inc.

Capital Advantage Inc. bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 6,424 shares of the exchange traded fund’s stock, valued at approximately $1,189,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth about $972,637,000. Bank of America Corp DE increased its stake in iShares Russell 1000 Value ETF by 9.5% during the 4th quarter. Bank of America Corp DE now owns 54,061,592 shares of the exchange traded fund’s stock worth $10,008,423,000 after buying an additional 4,699,792 shares during the period. Wells Fargo & Company MN lifted its holdings in iShares Russell 1000 Value ETF by 36.6% during the 4th quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock worth $1,163,360,000 after buying an additional 1,683,297 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Russell 1000 Value ETF by 21.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock valued at $1,458,306,000 after buying an additional 1,400,086 shares during the period. Finally, Prudential Financial Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 52.8% in the fourth quarter. Prudential Financial Inc. now owns 2,966,613 shares of the exchange traded fund’s stock worth $549,209,000 after acquiring an additional 1,025,357 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Down 0.4 %

NYSEARCA:IWD opened at $184.12 on Tuesday. The stock has a fifty day moving average price of $182.81 and a 200 day moving average price of $188.73. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $200.42. The firm has a market cap of $61.20 billion, a PE ratio of 18.54 and a beta of 0.90.

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).