LPL Financial LLC Acquires 88,708 Shares of iShares Russell 1000 Value ETF $IWD

LPL Financial LLC lifted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,290,502 shares of the exchange traded fund’s stock after purchasing an additional 88,708 shares during the quarter. LPL Financial LLC’s holdings in iShares Russell 1000 Value ETF were worth $902,464,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. 1ST Source Bank lifted its holdings in iShares Russell 1000 Value ETF by 1.3% during the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock valued at $139,686,000 after purchasing an additional 8,737 shares during the last quarter. Brown Miller Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at about $1,213,000. Caprock Group LLC bought a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $3,803,000. Focus Partners Advisor Solutions LLC lifted its holdings in iShares Russell 1000 Value ETF by 32.6% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock valued at $5,308,000 after purchasing an additional 6,380 shares during the last quarter. Finally, Claro Advisors LLC lifted its holdings in iShares Russell 1000 Value ETF by 21.2% during the 3rd quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock valued at $20,707,000 after purchasing an additional 17,760 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $236.42 on Monday. iShares Russell 1000 Value ETF has a 12-month low of $188.55 and a 12-month high of $241.35. The company has a market capitalization of $75.94 billion, a P/E ratio of 18.83 and a beta of 0.84. The firm has a 50-day moving average price of $228.38 and a 200 day moving average price of $220.26.

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.