Nwam LLC Buys 40,634 Shares of iShares Russell 1000 Value ETF $IWD

Nwam LLC boosted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 610.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,292 shares of the exchange traded fund’s stock after acquiring an additional 40,634 shares during the quarter. iShares Russell 1000 Value ETF accounts for 0.7% of Nwam LLC’s portfolio, making the stock its 21st largest position. Nwam LLC’s holdings in iShares Russell 1000 Value ETF were worth $9,633,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of IWD. JPMorgan Chase & Co. boosted its position in iShares Russell 1000 Value ETF by 140.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 9,153,000 shares of the exchange traded fund’s stock worth $1,777,787,000 after acquiring an additional 32,036,243 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 0.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,599,784 shares of the exchange traded fund’s stock valued at $1,281,871,000 after purchasing an additional 57,669 shares during the last quarter. Baird Financial Group Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 12.7% in the second quarter. Baird Financial Group Inc. now owns 5,275,282 shares of the exchange traded fund’s stock worth $1,024,618,000 after purchasing an additional 593,784 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in iShares Russell 1000 Value ETF by 1.6% during the second quarter. Raymond James Financial Inc. now owns 4,978,791 shares of the exchange traded fund’s stock worth $967,031,000 after purchasing an additional 76,936 shares during the last quarter. Finally, M&T Bank Corp grew its position in iShares Russell 1000 Value ETF by 3.3% in the second quarter. M&T Bank Corp now owns 3,931,029 shares of the exchange traded fund’s stock valued at $763,524,000 after purchasing an additional 126,874 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $219.20 on Friday. The company’s 50-day moving average price is $210.10 and its two-hundred day moving average price is $203.75. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $219.86. The stock has a market capitalization of $71.48 billion, a PE ratio of 18.83 and a beta of 0.89.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.