SP Asset Management LLC Purchases Shares of 1,140 iShares Russell 1000 Value ETF $IWD

SP Asset Management LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,140 shares of the exchange traded fund’s stock, valued at approximately $221,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Goldman Sachs Group Inc. grew its position in shares of iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock valued at $2,940,883,000 after buying an additional 363,429 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares Russell 1000 Value ETF by 0.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock valued at $1,281,871,000 after buying an additional 57,669 shares during the last quarter. Baird Financial Group Inc. grew its position in shares of iShares Russell 1000 Value ETF by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock valued at $880,871,000 after buying an additional 81,955 shares during the last quarter. Northern Trust Corp grew its position in shares of iShares Russell 1000 Value ETF by 5.9% in the 1st quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock valued at $850,176,000 after buying an additional 253,088 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of iShares Russell 1000 Value ETF by 6.2% in the 1st quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock valued at $743,118,000 after buying an additional 229,198 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.7%

NYSEARCA IWD opened at $204.19 on Thursday. The business’s 50-day moving average price is $203.17 and its two-hundred day moving average price is $195.77. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $207.58. The firm has a market capitalization of $64.95 billion, a PE ratio of 18.83 and a beta of 0.89.

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).