Sequoia Financial Advisors LLC Grows Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Sequoia Financial Advisors LLC lifted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 2.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,911 shares of the exchange traded fund’s stock after purchasing an additional 607 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,499,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in iShares Russell 1000 Value ETF in the fourth quarter worth $972,637,000. Bank of America Corp DE increased its position in shares of iShares Russell 1000 Value ETF by 9.5% in the fourth quarter. Bank of America Corp DE now owns 54,061,592 shares of the exchange traded fund’s stock valued at $10,008,423,000 after buying an additional 4,699,792 shares in the last quarter. GAMMA Investing LLC increased its position in shares of iShares Russell 1000 Value ETF by 19,297.5% in the first quarter. GAMMA Investing LLC now owns 2,586,071 shares of the exchange traded fund’s stock valued at $486,595,000 after buying an additional 2,572,739 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of iShares Russell 1000 Value ETF by 36.6% in the fourth quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock valued at $1,163,360,000 after buying an additional 1,683,297 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of iShares Russell 1000 Value ETF by 21.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock valued at $1,458,306,000 after buying an additional 1,400,086 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.3%

Shares of IWD stock opened at $193.37 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $200.42. The stock has a market cap of $63.35 billion, a P/E ratio of 18.83 and a beta of 0.95. The business has a fifty day simple moving average of $187.24 and a 200-day simple moving average of $187.48.

iShares Russell 1000 Value ETF Profile

(Free Report)

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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