Financial Counselors Inc. Buys 9,060 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Financial Counselors Inc. grew its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 121,638 shares of the exchange traded fund’s stock after purchasing an additional 9,060 shares during the period. Financial Counselors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $22,519,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Raymond James Financial Inc. bought a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at approximately $972,637,000. M&T Bank Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 4.9% in the 4th quarter. M&T Bank Corp now owns 3,720,837 shares of the exchange traded fund’s stock valued at $688,838,000 after purchasing an additional 173,058 shares during the period. LPL Financial LLC boosted its position in shares of iShares Russell 1000 Value ETF by 12.9% during the fourth quarter. LPL Financial LLC now owns 3,720,195 shares of the exchange traded fund’s stock valued at $688,720,000 after purchasing an additional 426,218 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in iShares Russell 1000 Value ETF by 4.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,386,955 shares of the exchange traded fund’s stock worth $627,027,000 after purchasing an additional 139,689 shares during the period. Finally, Prudential Financial Inc. raised its holdings in iShares Russell 1000 Value ETF by 52.8% in the fourth quarter. Prudential Financial Inc. now owns 2,966,613 shares of the exchange traded fund’s stock worth $549,209,000 after purchasing an additional 1,025,357 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $189.34 on Wednesday. The firm’s 50-day moving average price is $191.49 and its 200-day moving average price is $190.79. The company has a market capitalization of $61.24 billion, a PE ratio of 19.31 and a beta of 0.97. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year high of $200.42.

iShares Russell 1000 Value ETF Profile

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).