Raymond James Financial Services Advisors Inc. Buys 298 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Raymond James Financial Services Advisors Inc. raised its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.0% in the first quarter, Holdings Channel reports. The institutional investor owned 852,970 shares of the exchange traded fund’s stock after buying an additional 298 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $152,775,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Partnership Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $28,000. Headinvest LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at $29,000. CarsonAllaria Wealth Management Ltd. increased its holdings in shares of iShares Russell 1000 Value ETF by 84.4% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 81 shares during the period. Peachtree Investment Partners LLC boosted its stake in iShares Russell 1000 Value ETF by 84.8% in the 3rd quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 89 shares in the last quarter. Finally, Access Investment Management LLC purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at about $30,000.

iShares Russell 1000 Value ETF Stock Down 1.3 %

iShares Russell 1000 Value ETF stock traded down $2.29 during trading hours on Tuesday, hitting $171.56. The stock had a trading volume of 1,559,905 shares, compared to its average volume of 2,140,260. The stock’s 50-day moving average price is $173.85 and its 200-day moving average price is $164.57. iShares Russell 1000 Value ETF has a 12-month low of $143.34 and a 12-month high of $179.56. The stock has a market capitalization of $53.76 billion, a P/E ratio of 17.74 and a beta of 0.80.

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).