Anchor Capital Advisors LLC Raises Position in iShares Russell 1000 Value ETF $IWD

Anchor Capital Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 372.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 67,881 shares of the exchange traded fund’s stock after purchasing an additional 53,525 shares during the quarter. Anchor Capital Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $14,278,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWD. Diamond Hill Capital Management Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 24,828.5% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 556,903 shares of the exchange traded fund’s stock valued at $117,139,000 after purchasing an additional 554,669 shares during the last quarter. Confluence Investment Management LLC raised its stake in shares of iShares Russell 1000 Value ETF by 2,904.9% during the 4th quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock valued at $119,601,000 after buying an additional 549,686 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of iShares Russell 1000 Value ETF by 91.1% in the 4th quarter. BNP Paribas Financial Markets now owns 1,053,204 shares of the exchange traded fund’s stock valued at $221,531,000 after purchasing an additional 502,015 shares in the last quarter. Dynasty Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $83,260,000. Finally, Tcfg Wealth Management LLC increased its stake in shares of iShares Russell 1000 Value ETF by 12,109.1% in the 3rd quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock valued at $65,472,000 after purchasing an additional 318,953 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.8%

IWD stock opened at $239.32 on Wednesday. iShares Russell 1000 Value ETF has a 12-month low of $188.19 and a 12-month high of $239.59. The stock has a market cap of $76.87 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The business’s 50-day moving average is $226.32 and its 200 day moving average is $219.31.

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). 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.