Choreo LLC Grows Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Choreo LLC lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 10.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 375,758 shares of the exchange traded fund’s stock after purchasing an additional 35,107 shares during the quarter. iShares Russell 1000 Value ETF accounts for 1.1% of Choreo LLC’s portfolio, making the stock its 19th largest position. Choreo LLC’s holdings in iShares Russell 1000 Value ETF were worth $65,150,000 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. GLOBALT Investments LLC GA acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth $330,977,000. Envestnet Asset Management Inc. boosted its holdings in iShares Russell 1000 Value ETF by 21.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund’s stock valued at $1,184,280,000 after acquiring an additional 1,282,817 shares during the period. Alaska Permanent Fund Corp boosted its holdings in iShares Russell 1000 Value ETF by 85.8% during the 1st quarter. Alaska Permanent Fund Corp now owns 1,929,517 shares of the exchange traded fund’s stock valued at $345,596,000 after acquiring an additional 890,764 shares during the period. Cresset Asset Management LLC grew its position in iShares Russell 1000 Value ETF by 218.0% in the 4th quarter. Cresset Asset Management LLC now owns 1,230,179 shares of the exchange traded fund’s stock valued at $203,287,000 after acquiring an additional 843,389 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in iShares Russell 1000 Value ETF by 162.1% during the first quarter. Cetera Investment Advisers now owns 1,223,017 shares of the exchange traded fund’s stock worth $219,055,000 after purchasing an additional 756,464 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $182.60 on Monday. The stock has a market capitalization of $57.20 billion, a PE ratio of 17.81 and a beta of 0.77. The company’s 50-day simple moving average is $180.48 and its 200-day simple moving average is $176.71. iShares Russell 1000 Value ETF has a 1 year low of $143.34 and a 1 year high of $188.47.

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).