Kestra Private Wealth Services LLC Increases Stake in iShares Russell 1000 Value ETF $IWD

Kestra Private Wealth Services LLC boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 219,860 shares of the exchange traded fund’s stock after buying an additional 30,237 shares during the quarter. iShares Russell 1000 Value ETF accounts for 0.6% of Kestra Private Wealth Services LLC’s investment portfolio, making the stock its 27th largest position. Kestra Private Wealth Services LLC owned approximately 0.07% of iShares Russell 1000 Value ETF worth $46,978,000 as of its most recent SEC filing.

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

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $241.00 on Thursday. The business has a 50-day simple moving average of $234.66 and a 200-day simple moving average of $223.40. iShares Russell 1000 Value ETF has a one year low of $191.25 and a one year high of $245.51. The company has a market cap of $77.41 billion, a PE ratio of 18.83 and a beta of 0.84.

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.