LWM Advisors Inc. Grows Holdings in iShares Russell 1000 Value ETF $IWD

LWM Advisors Inc. lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 127,487 shares of the exchange traded fund’s stock after purchasing an additional 2,193 shares during the period. iShares Russell 1000 Value ETF accounts for about 23.0% of LWM Advisors Inc.’s investment portfolio, making the stock its biggest holding. LWM Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $30,907,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Evanson Financial LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the second quarter valued at approximately $3,582,000. Brown Miller Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF in the fourth quarter worth $1,213,000. Massachusetts Financial Services Co. MA raised its holdings in iShares Russell 1000 Value ETF by 121.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 190,793 shares of the exchange traded fund’s stock worth $40,131,000 after purchasing an additional 104,778 shares in the last quarter. Oakworth Capital Inc. raised its holdings in iShares Russell 1000 Value ETF by 3.2% in the fourth quarter. Oakworth Capital Inc. now owns 835,036 shares of the exchange traded fund’s stock worth $175,641,000 after purchasing an additional 25,803 shares in the last quarter. Finally, Washington Trust Bank lifted its position in iShares Russell 1000 Value ETF by 99.3% during the fourth quarter. Washington Trust Bank now owns 4,392 shares of the exchange traded fund’s stock valued at $924,000 after buying an additional 2,188 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $257.56 on Monday. iShares Russell 1000 Value ETF has a 12 month low of $194.80 and a 12 month high of $257.83. The firm has a market capitalization of $83.68 billion, a P/E ratio of 18.83 and a beta of 0.83. The business has a fifty day simple moving average of $245.52 and a two-hundred day simple moving average of $231.37.

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.