Providence First Trust Co Acquires 3,472 Shares of iShares Russell 1000 Value ETF $IWD

Providence First Trust Co raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 53.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 9,911 shares of the exchange traded fund’s stock after acquiring an additional 3,472 shares during the period. iShares Russell 1000 Value ETF accounts for approximately 0.8% of Providence First Trust Co’s holdings, making the stock its 23rd biggest position. Providence First Trust Co’s holdings in iShares Russell 1000 Value ETF were worth $2,457,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Waldron Private Wealth LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at $207,607,000. Calamos Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth about $2,315,000. Principle Wealth Partners LLC increased its stake in iShares Russell 1000 Value ETF by 25.7% in the 3rd quarter. Principle Wealth Partners LLC now owns 1,826 shares of the exchange traded fund’s stock worth $453,000 after purchasing an additional 373 shares in the last quarter. Kestra Advisory Services LLC increased its stake in iShares Russell 1000 Value ETF by 10.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 202,665 shares of the exchange traded fund’s stock worth $50,247,000 after purchasing an additional 18,446 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new stake in iShares Russell 1000 Value ETF during the 3rd quarter worth about $374,407,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.4%

IWD stock traded down $0.93 during mid-day trading on Friday, reaching $257.45. 2,725,564 shares of the stock traded hands, compared to its average volume of 2,644,905. iShares Russell 1000 Value ETF has a 52-week low of $199.79 and a 52-week high of $267.24. The company has a market cap of $82.83 billion, a P/E ratio of 18.83 and a beta of 0.84. The stock’s fifty day moving average is $254.98 and its 200-day moving average is $239.16.

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.