Lyell Wealth Management LP Takes $244,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Lyell Wealth Management LP purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 1,320 shares of the exchange traded fund’s stock, valued at approximately $244,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA increased its holdings in shares of iShares Russell 1000 Value ETF by 13.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock valued at $24,748,000 after acquiring an additional 14,966 shares in the last quarter. Wedmont Private Capital increased its holdings in shares of iShares Russell 1000 Value ETF by 49.5% during the fourth quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock valued at $750,000 after acquiring an additional 1,351 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 18,440.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after acquiring an additional 418,414 shares in the last quarter. Widmann Financial Services Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 2.0% during the third quarter. Widmann Financial Services Inc. now owns 28,552 shares of the exchange traded fund’s stock valued at $5,419,000 after acquiring an additional 561 shares in the last quarter. Finally, Embree Financial Group increased its holdings in shares of iShares Russell 1000 Value ETF by 1.4% during the fourth quarter. Embree Financial Group now owns 6,433 shares of the exchange traded fund’s stock valued at $1,191,000 after acquiring an additional 86 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $196.21 on Thursday. iShares Russell 1000 Value ETF has a one year low of $167.96 and a one year high of $200.42. The stock has a 50-day moving average of $190.16 and a 200 day moving average of $189.56. The company has a market capitalization of $61.46 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

iShares Russell 1000 Value ETF 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).