Heritage Investors Management Corp Buys New Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Heritage Investors Management Corp bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,010 shares of the exchange traded fund’s stock, valued at approximately $372,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. LPL Financial LLC raised its stake in iShares Russell 1000 Value ETF by 0.7% in the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock valued at $625,197,000 after purchasing an additional 23,197 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in iShares Russell 1000 Value ETF by 0.3% in the third 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 purchasing an additional 10,304 shares in the last quarter. Synovus Financial Corp raised its stake in shares of iShares Russell 1000 Value ETF by 1.2% during the third 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 in the last quarter. Truist Financial Corp raised its stake in shares of iShares Russell 1000 Value ETF by 13.6% during the fourth 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 in the last quarter. Finally, Stifel Financial Corp raised its stake in shares of iShares Russell 1000 Value ETF by 3.8% during the third quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock worth $369,623,000 after acquiring an additional 70,612 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

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

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).