JPMorgan Chase & Co. Acquires 338,948 Shares of iShares Russell 1000 Value ETF $IWD

JPMorgan Chase & Co. lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,251,710 shares of the exchange traded fund’s stock after acquiring an additional 338,948 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Russell 1000 Value ETF were worth $1,946,005,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IWD. Diamond Hill Capital Management Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 24,828.5% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 556,903 shares of the exchange traded fund’s stock worth $117,139,000 after acquiring an additional 554,669 shares during the period. Confluence Investment Management LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 2,904.9% in the fourth quarter. Confluence Investment Management LLC now owns 568,609 shares of the exchange traded fund’s stock worth $119,601,000 after acquiring an additional 549,686 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of iShares Russell 1000 Value ETF by 91.1% in the fourth quarter. BNP Paribas Financial Markets now owns 1,053,204 shares of the exchange traded fund’s stock worth $221,531,000 after acquiring an additional 502,015 shares during the period. Dynasty Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $83,260,000. Finally, Tcfg Wealth Management LLC grew its holdings in iShares Russell 1000 Value ETF by 12,109.1% during the 3rd quarter. Tcfg Wealth Management LLC now owns 321,587 shares of the exchange traded fund’s stock valued at $65,472,000 after buying an additional 318,953 shares in the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $237.27 on Tuesday. The stock has a market capitalization of $76.21 billion, a PE ratio of 18.83 and a beta of 0.84. The business has a 50 day simple moving average of $228.87 and a two-hundred day simple moving average of $220.51. iShares Russell 1000 Value ETF has a 1-year low of $188.55 and a 1-year high of $241.35.

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.