Royal Bank of Canada Grows Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Royal Bank of Canada lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 18.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,365,558 shares of the exchange traded fund’s stock after buying an additional 372,453 shares during the quarter. Royal Bank of Canada’s holdings in iShares Russell 1000 Value ETF were worth $437,936,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Riverview Capital Advisers LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 2.2% during the 4th quarter. Riverview Capital Advisers LLC now owns 27,234 shares of the exchange traded fund’s stock valued at $5,042,000 after buying an additional 587 shares in the last quarter. Pathstone Holdings LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 3.0% during the 4th quarter. Pathstone Holdings LLC now owns 534,418 shares of the exchange traded fund’s stock valued at $99,123,000 after buying an additional 15,335 shares in the last quarter. NorthRock Partners LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 134.8% during the 4th quarter. NorthRock Partners LLC now owns 36,312 shares of the exchange traded fund’s stock valued at $6,722,000 after buying an additional 20,846 shares in the last quarter. Northwest Quadrant Wealth Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 7.0% during the 4th quarter. Northwest Quadrant Wealth Management LLC now owns 1,460 shares of the exchange traded fund’s stock valued at $270,000 after buying an additional 96 shares in the last quarter. Finally, Nuveen Asset Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 144.3% during the 4th quarter. Nuveen Asset Management LLC now owns 547,463 shares of the exchange traded fund’s stock valued at $101,352,000 after buying an additional 323,359 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Up 1.0%

Shares of IWD stock opened at $191.09 on Friday. The stock has a market cap of $62.19 billion, a P/E ratio of 19.08 and a beta of 0.90. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $200.42. The company’s fifty day simple moving average is $182.31 and its two-hundred day simple moving average is $188.53.

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).