Cambridge Investment Research Advisors Inc. Acquires 25,234 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cambridge Investment Research Advisors Inc. raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 24.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,272 shares of the exchange traded fund’s stock after buying an additional 25,234 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $21,362,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Frazier Financial Advisors LLC bought a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $56,000. Tidemark LLC acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter worth about $106,000. Central Valley Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $5,394,000. InterOcean Capital Group LLC increased its stake in shares of iShares Russell 1000 Value ETF by 11.0% in the fourth quarter. InterOcean Capital Group LLC now owns 6,706 shares of the exchange traded fund’s stock valued at $1,108,000 after buying an additional 667 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in shares of iShares Russell 1000 Value ETF by 15.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 9,162 shares of the exchange traded fund’s stock worth $1,514,000 after acquiring an additional 1,244 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Up 0.6 %

NYSEARCA:IWD traded up $0.98 on Friday, reaching $176.54. 1,051,873 shares of the stock traded hands, compared to its average volume of 1,954,916. The firm has a market capitalization of $55.30 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $179.56. The company’s 50 day moving average is $175.21 and its 200-day moving average is $167.85.

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).