Clearstead Advisors LLC Acquires 3,048 Shares of iShares Russell 1000 Value ETF $IWD

Clearstead Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 148,630 shares of the exchange traded fund’s stock after purchasing an additional 3,048 shares during the period. Clearstead Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $31,263,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWD. Brighton Jones LLC lifted its position in iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after buying an additional 2,981 shares in the last quarter. Bison Wealth LLC lifted its position in iShares Russell 1000 Value ETF by 13.9% during the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock worth $763,000 after buying an additional 502 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in iShares Russell 1000 Value ETF by 39.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,876 shares of the exchange traded fund’s stock worth $753,000 after buying an additional 1,089 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth about $3,847,000. Finally, Sei Investments Co. raised its holdings in shares of iShares Russell 1000 Value ETF by 12.7% in the 2nd quarter. Sei Investments Co. now owns 32,275 shares of the exchange traded fund’s stock valued at $6,269,000 after purchasing an additional 3,637 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $236.32 on Monday. The firm’s 50-day moving average is $223.62 and its 200-day moving average is $217.91. The stock has a market cap of $75.91 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52-week low of $184.69 and a 52-week high of $237.01.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.