Dakota Wealth Management Increases Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Dakota Wealth Management raised its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 175.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 11,874 shares of the exchange traded fund’s stock after purchasing an additional 7,559 shares during the quarter. Dakota Wealth Management’s holdings in iShares Russell 1000 Value ETF were worth $2,198,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA boosted its holdings in iShares Russell 1000 Value ETF by 13.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock valued at $24,748,000 after purchasing an additional 14,966 shares in the last quarter. Lake Hills Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at approximately $271,000. Comerica Bank boosted its stake in shares of iShares Russell 1000 Value ETF by 2.0% during the 2nd quarter. Comerica Bank now owns 1,009,103 shares of the exchange traded fund’s stock worth $176,058,000 after acquiring an additional 19,400 shares in the last quarter. Wedmont Private Capital boosted its stake in shares of iShares Russell 1000 Value ETF by 49.5% during the 4th quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock worth $750,000 after acquiring an additional 1,351 shares in the last quarter. Finally, Widmann Financial Services Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 2.0% during the 3rd quarter. Widmann Financial Services Inc. now owns 28,552 shares of the exchange traded fund’s stock worth $5,419,000 after acquiring an additional 561 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $193.95 on Friday. The business’s 50 day simple moving average is $191.07 and its 200-day simple moving average is $187.56. The firm has a market capitalization of $60.75 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12 month low of $163.99 and a 12 month 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).