JT Stratford LLC Raises Position in iShares Russell 1000 Value ETF $IWD

JT Stratford LLC increased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 220.2% in the first quarter, Holdings Channel.com reports. The firm owned 5,252 shares of the exchange traded fund’s stock after purchasing an additional 3,612 shares during the period. JT Stratford LLC’s holdings in iShares Russell 1000 Value ETF were worth $988,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in shares of 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 valued at $10,008,423,000 after acquiring an additional 4,699,792 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 2.4% in the first quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after acquiring an additional 363,429 shares during the last quarter. Baird Financial Group Inc. grew its holdings in iShares Russell 1000 Value ETF by 3.6% in the fourth quarter. Baird Financial Group Inc. now owns 4,599,543 shares of the exchange traded fund’s stock valued at $851,513,000 after purchasing an additional 160,160 shares during the period. Northern Trust Corp grew its holdings in iShares Russell 1000 Value ETF by 5.9% in the first quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock valued at $850,176,000 after purchasing an additional 253,088 shares during the period. Finally, LPL Financial LLC increased its position in iShares Russell 1000 Value ETF by 6.2% during the first quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock worth $743,118,000 after purchasing an additional 229,198 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Up 0.3%

NYSEARCA:IWD opened at $198.95 on Wednesday. The company has a market cap of $62.79 billion, a P/E ratio of 18.83 and a beta of 0.95. The firm’s 50 day moving average is $195.06 and its two-hundred day moving average is $189.44. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $200.42.

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).