Towerpoint Wealth LLC Raises Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Towerpoint Wealth LLC increased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.2% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 28,116 shares of the exchange traded fund’s stock after acquiring an additional 62 shares during the period. iShares Russell 1000 Value ETF makes up about 2.5% of Towerpoint Wealth LLC’s holdings, making the stock its 12th largest holding. Towerpoint Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $5,036,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. GLOBALT Investments LLC GA acquired a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $330,977,000. Envestnet Asset Management Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 21.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund’s stock valued at $1,184,280,000 after buying an additional 1,282,817 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 15,667.6% in the 4th quarter. International Assets Investment Management LLC now owns 1,258,097 shares of the exchange traded fund’s stock valued at $207,901,000 after buying an additional 1,250,118 shares during the period. Comerica Bank acquired a new position in iShares Russell 1000 Value ETF during the 3rd quarter worth about $147,633,000. Finally, Alaska Permanent Fund Corp boosted its holdings in iShares Russell 1000 Value ETF by 85.8% during the 1st quarter. Alaska Permanent Fund Corp now owns 1,929,517 shares of the exchange traded fund’s stock valued at $345,596,000 after acquiring an additional 890,764 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.0 %

NYSEARCA IWD traded up $0.03 during trading on Thursday, hitting $174.32. The stock had a trading volume of 758,244 shares, compared to its average volume of 1,865,754. The company has a market capitalization of $54.61 billion, a PE ratio of 17.81 and a beta of 0.77. The firm has a 50 day moving average price of $174.96 and a 200 day moving average price of $171.15. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $179.56.

iShares Russell 1000 Value ETF 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).