iShares Russell 1000 Value ETF $IWD Holdings Lifted by Covenant Partners LLC

Covenant Partners LLC grew its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 307,868 shares of the exchange traded fund’s stock after purchasing an additional 19,323 shares during the quarter. iShares Russell 1000 Value ETF accounts for 18.9% of Covenant Partners LLC’s holdings, making the stock its 2nd largest holding. Covenant Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $64,757,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Keystone Wealth Services LLC lifted its position in shares of iShares Russell 1000 Value ETF by 3.7% during the 4th quarter. Keystone Wealth Services LLC now owns 8,573 shares of the exchange traded fund’s stock valued at $1,803,000 after buying an additional 309 shares during the last quarter. LifeWealth Investments LLC lifted its position in shares of iShares Russell 1000 Value ETF by 27.5% during the 4th quarter. LifeWealth Investments LLC now owns 1,366 shares of the exchange traded fund’s stock valued at $287,000 after buying an additional 295 shares during the last quarter. Merit Financial Group LLC lifted its position in shares of iShares Russell 1000 Value ETF by 20.3% during the 4th quarter. Merit Financial Group LLC now owns 20,382 shares of the exchange traded fund’s stock valued at $4,287,000 after buying an additional 3,434 shares during the last quarter. AE Wealth Management LLC lifted its position in shares of iShares Russell 1000 Value ETF by 31.0% during the 4th quarter. AE Wealth Management LLC now owns 14,837 shares of the exchange traded fund’s stock valued at $3,121,000 after buying an additional 3,509 shares during the last quarter. Finally, Whittier Trust Co. lifted its position in shares of iShares Russell 1000 Value ETF by 2.5% during the 4th quarter. Whittier Trust Co. now owns 31,763 shares of the exchange traded fund’s stock valued at $6,879,000 after buying an additional 770 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $227.15 on Friday. iShares Russell 1000 Value ETF has a one year low of $171.13 and a one year high of $228.02. The business’s fifty day moving average price is $219.75 and its 200-day moving average price is $213.38. The stock has a market capitalization of $73.36 billion, a PE ratio of 18.83 and a beta of 0.85.

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). 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.