Janney Capital Management LLC Acquires Shares of 10,469 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Janney Capital Management LLC bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,469 shares of the exchange traded fund’s stock, valued at approximately $1,938,000.

Several other hedge funds have also recently modified their holdings of the stock. Raymond James & Associates increased its stake in iShares Russell 1000 Value ETF by 0.6% during the 3rd quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock worth $695,872,000 after buying an additional 22,295 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares Russell 1000 Value ETF by 0.7% during the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after purchasing an additional 23,197 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares Russell 1000 Value ETF by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after purchasing an additional 10,304 shares in the last quarter. Synovus Financial Corp raised its stake in iShares Russell 1000 Value ETF by 1.2% in the 3rd quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock valued at $540,724,000 after purchasing an additional 34,700 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in iShares Russell 1000 Value ETF by 3.8% in the 3rd quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock valued at $369,623,000 after purchasing an additional 70,612 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.6 %

Shares of IWD opened at $192.65 on Thursday. The firm’s fifty day moving average is $191.12 and its two-hundred day moving average is $187.52. The stock has a market cap of $60.35 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52-week low of $163.99 and a 52-week high of $200.42.

iShares Russell 1000 Value ETF Company 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).