BIP Wealth LLC Has $489,000 Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

BIP Wealth LLC raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 81.5% during the fourth quarter, Holdings Channel reports. The firm owned 2,643 shares of the exchange traded fund’s stock after purchasing an additional 1,187 shares during the period. BIP Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $489,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Ameriprise Financial Inc. lifted its holdings in iShares Russell 1000 Value ETF by 51.8% in the fourth quarter. Ameriprise Financial Inc. now owns 1,519,052 shares of the exchange traded fund’s stock valued at $281,207,000 after buying an additional 518,274 shares during the period. Alteri Wealth LLC bought a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth about $1,527,000. Ancora Advisors LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 1.2% in the 4th quarter. Ancora Advisors LLC now owns 15,933 shares of the exchange traded fund’s stock valued at $2,950,000 after purchasing an additional 193 shares during the period. Aptus Capital Advisors LLC boosted its position in shares of iShares Russell 1000 Value ETF by 10.6% during the 4th quarter. Aptus Capital Advisors LLC now owns 62,966 shares of the exchange traded fund’s stock valued at $11,657,000 after purchasing an additional 6,046 shares in the last quarter. Finally, Aristotle Capital Management LLC grew its stake in iShares Russell 1000 Value ETF by 613.4% during the fourth quarter. Aristotle Capital Management LLC now owns 211,066 shares of the exchange traded fund’s stock worth $39,075,000 after purchasing an additional 181,478 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $184.90 on Monday. The firm has a market cap of $61.46 billion, a PE ratio of 18.54 and a beta of 0.90. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $200.42. The business’s 50 day moving average price is $182.98 and its two-hundred day moving average price is $188.79.

iShares Russell 1000 Value ETF Company 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).