Cullen Capital Management LLC Increases Stock Position in iShares Russell 1000 Value ETF $IWD

Cullen Capital Management LLC boosted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1,791.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,562 shares of the exchange traded fund’s stock after purchasing an additional 28,946 shares during the quarter. Cullen Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $6,428,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after buying an additional 2,981 shares in the last quarter. Bison Wealth LLC raised its position in shares of iShares Russell 1000 Value ETF by 13.9% during the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after buying an additional 502 shares in the last quarter. Schnieders Capital Management LLC. raised its position in shares of iShares Russell 1000 Value ETF by 39.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,876 shares of the exchange traded fund’s stock valued at $753,000 after buying an additional 1,089 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at about $3,847,000. Finally, Sei Investments Co. raised its position in shares of iShares Russell 1000 Value ETF by 12.7% during the 2nd quarter. Sei Investments Co. now owns 32,275 shares of the exchange traded fund’s stock valued at $6,269,000 after buying an additional 3,637 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 1.0%

Shares of NYSEARCA IWD opened at $242.13 on Friday. The stock has a market capitalization of $77.77 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12-month low of $188.55 and a 12-month high of $243.00. The firm’s 50-day moving average price is $231.02 and its 200-day moving average price is $221.41.

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). 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.