Envestnet Portfolio Solutions Inc. Buys 27,002 Shares of iShares Russell 1000 Value ETF $IWD

Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 22.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 147,301 shares of the exchange traded fund’s stock after acquiring an additional 27,002 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares Russell 1000 Value ETF were worth $30,983,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in IWD. Confluence Investment Management LLC grew its position in iShares Russell 1000 Value ETF by 2,904.9% during the fourth quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock worth $119,601,000 after buying an additional 549,686 shares in the last quarter. Tcfg Wealth Management LLC lifted its position 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 worth $65,472,000 after acquiring an additional 318,953 shares during the period. Allworth Financial LP grew its holdings in shares of iShares Russell 1000 Value ETF by 604.9% during the 4th quarter. Allworth Financial LP now owns 320,484 shares of the exchange traded fund’s stock worth $67,411,000 after purchasing an additional 275,022 shares in the last quarter. SMI Advisory Services LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $55,463,000. Finally, Thrivent Financial for Lutherans increased its position in shares of iShares Russell 1000 Value ETF by 615.9% during the third quarter. Thrivent Financial for Lutherans now owns 291,173 shares of the exchange traded fund’s stock valued at $59,280,000 after purchasing an additional 250,498 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.2%

Shares of NYSEARCA IWD opened at $232.67 on Tuesday. The firm has a market capitalization of $74.73 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a one year low of $184.69 and a one year high of $236.01. The business has a fifty day simple moving average of $222.33 and a 200 day simple moving average of $217.07.

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.