iShares Russell 1000 Value ETF (NYSEARCA:IWD) Stake Increased by Magnus Financial Group LLC

Magnus Financial Group LLC grew its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWDGet Rating) by 6.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,509 shares of the exchange traded fund’s stock after purchasing an additional 1,389 shares during the period. iShares Russell 1000 Value ETF makes up 0.7% of Magnus Financial Group LLC’s portfolio, making the stock its 27th biggest position. Magnus Financial Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,780,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IWD. Bank of America Corp DE increased its stake in shares of iShares Russell 1000 Value ETF by 9.3% in the fourth quarter. Bank of America Corp DE now owns 52,540,813 shares of the exchange traded fund’s stock worth $8,823,179,000 after acquiring an additional 4,463,503 shares during the last quarter. Morgan Stanley increased its stake in shares of iShares Russell 1000 Value ETF by 3.6% in the third quarter. Morgan Stanley now owns 30,948,831 shares of the exchange traded fund’s stock worth $4,843,801,000 after acquiring an additional 1,081,943 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares Russell 1000 Value ETF by 8.2% in the fourth quarter. JPMorgan Chase & Co. now owns 15,484,039 shares of the exchange traded fund’s stock worth $2,600,236,000 after acquiring an additional 1,173,002 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 3.7% in the third quarter. Goldman Sachs Group Inc. now owns 14,524,535 shares of the exchange traded fund’s stock worth $2,273,234,000 after acquiring an additional 521,544 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 11.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,151,210 shares of the exchange traded fund’s stock worth $1,200,903,000 after acquiring an additional 741,429 shares during the last quarter.

Shares of NYSEARCA IWD traded up $2.65 during mid-day trading on Friday, reaching $154.61. The company had a trading volume of 5,165,802 shares, compared to its average volume of 3,946,948. iShares Russell 1000 Value ETF has a twelve month low of $149.56 and a twelve month high of $171.42. The stock’s 50 day moving average is $162.39 and its 200-day moving average is $163.83.

About iShares Russell 1000 Value ETF (Get Rating)

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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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