Graypoint LLC Grows Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Graypoint LLC raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 206,280 shares of the exchange traded fund’s stock after acquiring an additional 11,632 shares during the quarter. iShares Russell 1000 Value ETF makes up approximately 2.5% of Graypoint LLC’s investment portfolio, making the stock its 8th largest position. Graypoint LLC’s holdings in iShares Russell 1000 Value ETF were worth $39,152,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Spinnaker Trust increased its holdings in shares of iShares Russell 1000 Value ETF by 15.4% during the third quarter. Spinnaker Trust now owns 2,879 shares of the exchange traded fund’s stock worth $546,000 after buying an additional 385 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in iShares Russell 1000 Value ETF by 8.5% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 8,197 shares of the exchange traded fund’s stock worth $1,556,000 after acquiring an additional 643 shares during the last quarter. RTD Financial Advisors Inc. increased its holdings in iShares Russell 1000 Value ETF by 4.4% in the 3rd quarter. RTD Financial Advisors Inc. now owns 82,780 shares of the exchange traded fund’s stock worth $15,712,000 after purchasing an additional 3,484 shares in the last quarter. Umpqua Bank grew its stake in shares of iShares Russell 1000 Value ETF by 78.7% in the third quarter. Umpqua Bank now owns 3,203 shares of the exchange traded fund’s stock worth $608,000 after purchasing an additional 1,411 shares during the last quarter. Finally, Foster & Motley Inc. bought a new position in iShares Russell 1000 Value ETF during the 3rd quarter worth $1,359,000.

iShares Russell 1000 Value ETF Trading Up 2.8 %

Shares of IWD stock opened at $194.84 on Thursday. iShares Russell 1000 Value ETF has a 1-year low of $148.63 and a 1-year high of $195.16. The stock has a market cap of $61.03 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The stock has a 50-day moving average of $188.77 and a 200-day moving average of $181.23.

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).