D.A. Davidson & CO. Grows Position in iShares Russell 1000 Value ETF $IWD

D.A. Davidson & CO. increased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 39.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 27,314 shares of the exchange traded fund’s stock after buying an additional 7,767 shares during the period. D.A. Davidson & CO.’s holdings in iShares Russell 1000 Value ETF were worth $5,745,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IWD. Reyes Financial Architecture Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth approximately $25,000. Holos Integrated Wealth LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth approximately $31,000. Grand Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth approximately $31,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth approximately $36,000. Finally, Davis Capital Management purchased a new stake in shares of iShares Russell 1000 Value ETF during the third quarter worth approximately $38,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Down 0.0%

Shares of iShares Russell 1000 Value ETF stock opened at $227.07 on Thursday. The firm has a market capitalization of $73.06 billion, a P/E ratio of 18.83 and a beta of 0.85. iShares Russell 1000 Value ETF has a 52 week low of $178.62 and a 52 week high of $228.83. The firm’s 50 day moving average is $220.27 and its two-hundred day moving average is $214.75.

iShares Russell 1000 Value ETF 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.