Laurel Wealth Advisors Inc. Grows Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Laurel Wealth Advisors Inc. boosted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 223.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,078 shares of the exchange traded fund’s stock after purchasing an additional 7,650 shares during the period. Laurel Wealth Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $1,409,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in IWD. Financial Engines Advisors L.L.C. boosted its holdings in shares of iShares Russell 1000 Value ETF by 1.0% in the 1st quarter. Financial Engines Advisors L.L.C. now owns 18,118,369 shares of the exchange traded fund’s stock valued at $2,237,437,000 after acquiring an additional 178,193 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares Russell 1000 Value ETF by 5.3% during the second quarter. Envestnet Asset Management Inc. now owns 4,598,037 shares of the exchange traded fund’s stock worth $584,962,000 after acquiring an additional 230,156 shares during the period. Wells Fargo & Company MN raised its position in iShares Russell 1000 Value ETF by 1.9% during the second quarter. Wells Fargo & Company MN now owns 4,340,755 shares of the exchange traded fund’s stock worth $552,231,000 after acquiring an additional 81,269 shares during the period. Synovus Financial Corp raised its position in iShares Russell 1000 Value ETF by 2.0% during the first quarter. Synovus Financial Corp now owns 3,365,852 shares of the exchange traded fund’s stock worth $415,648,000 after acquiring an additional 66,490 shares during the period. Finally, Commonwealth Equity Services LLC raised its position in iShares Russell 1000 Value ETF by 2.9% during the first quarter. Commonwealth Equity Services LLC now owns 2,469,938 shares of the exchange traded fund’s stock worth $305,012,000 after acquiring an additional 68,729 shares during the period.

NYSEARCA:IWD traded up $0.28 during trading hours on Friday, reaching $130.46. 20,305 shares of the company were exchanged, compared to its average volume of 2,017,635. The stock’s 50-day moving average is $125.44 and its 200-day moving average is $125.32. iShares Russell 1000 Value ETF has a twelve month low of $104.07 and a twelve month high of $130.55.

About iShares Russell 1000 Value ETF

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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