iShares Russell 1000 Value ETF $IWD Shares Bought by Q3 Asset Management

Q3 Asset Management grew its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 27.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 14,071 shares of the exchange traded fund’s stock after purchasing an additional 2,995 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 0.7% of Q3 Asset Management’s holdings, making the stock its 25th biggest holding. Q3 Asset Management’s holdings in iShares Russell 1000 Value ETF were worth $2,959,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 6,693,245 shares of the exchange traded fund’s stock valued at $1,362,678,000 after acquiring an additional 93,461 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 3.5% during the third quarter. Raymond James Financial Inc. now owns 5,154,926 shares of the exchange traded fund’s stock valued at $1,049,492,000 after acquiring an additional 176,135 shares during the period. Northern Trust Corp boosted its holdings in shares of iShares Russell 1000 Value ETF by 3.4% during the third quarter. Northern Trust Corp now owns 4,886,290 shares of the exchange traded fund’s stock valued at $994,800,000 after acquiring an additional 162,782 shares during the period. Stairway Partners LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 0.8% during the fourth quarter. Stairway Partners LLC now owns 1,323,057 shares of the exchange traded fund’s stock valued at $278,292,000 after acquiring an additional 10,922 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 6.5% during the third quarter. HighTower Advisors LLC now owns 1,058,499 shares of the exchange traded fund’s stock valued at $215,500,000 after acquiring an additional 64,323 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $227.15 on Monday. iShares Russell 1000 Value ETF has a 1 year low of $171.13 and a 1 year high of $228.02. The company has a market cap of $73.36 billion, a price-to-earnings ratio of 18.83 and a beta of 0.85. The firm has a fifty day moving average of $219.75 and a 200-day moving average of $213.52.

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.