Vulcan Value Partners LLC Makes New $1.75 Million Investment in iShares Russell 1000 Value ETF $IWD

Vulcan Value Partners LLC bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the second quarter, HoldingsChannel.com reports. The fund bought 7,011 shares of the exchange traded fund’s stock, valued at approximately $1,749,000.

Other institutional investors also recently made changes to their positions in the company. Morgan Stanley lifted its holdings in shares of iShares Russell 1000 Value ETF by 9.0% in the 4th quarter. Morgan Stanley now owns 39,663,587 shares of the exchange traded fund’s stock worth $8,342,840,000 after purchasing an additional 3,280,476 shares during the last quarter. Bank of America Corp DE grew its stake in iShares Russell 1000 Value ETF by 5.4% during the 4th quarter. Bank of America Corp DE now owns 52,256,616 shares of the exchange traded fund’s stock worth $10,991,657,000 after buying an additional 2,686,078 shares during the last quarter. Greenleaf Trust increased its position in iShares Russell 1000 Value ETF by 20,660.3% in the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after buying an additional 1,484,030 shares during the period. 71 West Capital Partners acquired a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $240,065,000. Finally, Wells Fargo & Company MN lifted its stake in iShares Russell 1000 Value ETF by 20.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,895,769 shares of the exchange traded fund’s stock valued at $1,240,116,000 after buying an additional 995,230 shares during the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD traded down $2.10 during midday trading on Tuesday, hitting $255.53. 1,209,910 shares of the stock traded hands, compared to its average volume of 2,795,985. iShares Russell 1000 Value ETF has a 1-year low of $199.40 and a 1-year high of $260.19. The firm has a market capitalization of $83.02 billion, a PE ratio of 18.83 and a beta of 0.83. The business’s 50 day moving average price is $252.97 and its two-hundred day moving average price is $236.97.

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.