Fortress Financial Group LLC Takes $2.43 Million Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Fortress Financial Group LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 13,105 shares of the exchange traded fund’s stock, valued at approximately $2,426,000. iShares Russell 1000 Value ETF makes up approximately 2.4% of Fortress Financial Group LLC’s holdings, making the stock its 12th biggest holding.

Several other large investors also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in iShares Russell 1000 Value ETF by 0.7% during the 3rd 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 during the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares Russell 1000 Value ETF by 0.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock valued at $616,331,000 after buying an additional 10,304 shares in the last quarter. Synovus Financial Corp increased its stake in shares of 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 worth $540,724,000 after acquiring an additional 34,700 shares during the last quarter. Truist Financial Corp raised its holdings in shares of iShares Russell 1000 Value ETF by 13.6% during the 4th quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock worth $463,076,000 after acquiring an additional 299,280 shares during the period. Finally, Stifel Financial Corp boosted its position in shares of iShares Russell 1000 Value ETF by 3.8% during 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 acquiring an additional 70,612 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $191.79 on Friday. The company’s 50-day moving average is $190.69 and its two-hundred day moving average is $190.17. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year high of $200.42. The firm has a market capitalization of $61.69 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98.

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).