iShares Russell 1000 Value ETF $IWD Shares Acquired by NovaPoint Capital LLC

NovaPoint Capital LLC lifted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 145.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,085 shares of the exchange traded fund’s stock after purchasing an additional 13,668 shares during the quarter. NovaPoint Capital LLC’s holdings in iShares Russell 1000 Value ETF were worth $5,723,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Greenleaf Trust grew its position in iShares Russell 1000 Value ETF by 20,660.3% in the 2nd quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after buying an additional 1,484,030 shares during the last quarter. Stairway Partners LLC purchased a new position in iShares Russell 1000 Value ETF during the 3rd quarter worth $326,735,000. Fifth Third Bancorp raised its position in iShares Russell 1000 Value ETF by 324.3% during the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after buying an additional 910,889 shares during the last quarter. Marquette Asset Management LLC purchased a new position in iShares Russell 1000 Value ETF during the 3rd quarter worth $98,365,000. Finally, Baird Financial Group Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 2.7% in the 2nd quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock worth $1,501,218,000 after acquiring an additional 165,599 shares during the period. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Down 0.6%

Shares of NYSEARCA:IWD traded down $1.63 during midday trading on Friday, hitting $257.42. The stock had a trading volume of 1,109,982 shares, compared to its average volume of 2,616,935. The company has a market capitalization of $84.23 billion, a PE ratio of 18.83 and a beta of 0.84. The stock has a 50 day moving average price of $254.61 and a two-hundred day moving average price of $244.98. iShares Russell 1000 Value ETF has a 1 year low of $199.79 and a 1 year high of $260.19.

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.