Concurrent Investment Advisors LLC Increases Stock Holdings in iShares Russell 1000 Value ETF $IWD

Concurrent Investment Advisors LLC lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 17.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 222,877 shares of the exchange traded fund’s stock after buying an additional 33,293 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.07% of iShares Russell 1000 Value ETF worth $54,032,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in IWD. Brighton Jones LLC grew its position in shares of iShares Russell 1000 Value ETF by 8.9% in the fourth quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after purchasing an additional 2,981 shares during the last quarter. Bison Wealth LLC raised its position in shares of iShares Russell 1000 Value ETF by 13.9% during the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock worth $763,000 after purchasing an additional 502 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake 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 buying an additional 1,089 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $3,847,000. Finally, Sei Investments Co. grew its holdings in iShares Russell 1000 Value ETF by 12.7% during 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 last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $259.38 on Friday. The business’s fifty day moving average price is $252.11 and its two-hundred day moving average price is $236.27. The stock has a market cap of $84.27 billion, a PE ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a one year low of $199.40 and a one year high of $260.19.

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.