Marcum Wealth LLC Grows Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)
by Mitch Edgeman · The Markets DailyMarcum Wealth LLC increased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 8.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 7,467 shares of the exchange traded fund’s stock after buying an additional 607 shares during the period. Marcum Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,382,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of IWD. Massachusetts Financial Services Co. MA lifted its position in shares of iShares Russell 1000 Value ETF by 13.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock valued at $24,748,000 after buying an additional 14,966 shares in the last quarter. Lake Hills Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the third quarter worth about $271,000. Fidelis Capital Partners LLC raised its position in shares of iShares Russell 1000 Value ETF by 1.8% during the 2nd quarter. Fidelis Capital Partners LLC now owns 46,366 shares of the exchange traded fund’s stock worth $8,105,000 after purchasing an additional 838 shares during the last quarter. Comerica Bank increased its stake in iShares Russell 1000 Value ETF by 2.0% during the 2nd quarter. Comerica Bank now owns 1,009,103 shares of the exchange traded fund’s stock worth $176,058,000 after buying an additional 19,400 shares in the last quarter. Finally, Providence Capital Advisors LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 92.2% during the second quarter. Providence Capital Advisors LLC now owns 740 shares of the exchange traded fund’s stock valued at $129,000 after acquiring an additional 355 shares during the last quarter.
iShares Russell 1000 Value ETF Price Performance
Shares of NYSEARCA:IWD opened at $185.22 on Tuesday. The business’s 50 day moving average price is $191.57 and its 200-day moving average price is $186.82. The firm has a market capitalization of $58.02 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1 year low of $160.98 and a 1 year high of $200.42.
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).
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