Envestnet Asset Management Inc. Has $1.46 Billion Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Envestnet Asset Management Inc. grew its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 21.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,877,198 shares of the exchange traded fund’s stock after acquiring an additional 1,400,086 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $1,458,306,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Flagship Wealth Advisors LLC bought a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $26,000. Peterson Wealth Services acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth $32,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $32,000. VSM Wealth Advisory LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at $34,000. Finally, Hantz Financial Services Inc. bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $35,000.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $170.39 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $168.85 and a fifty-two week high of $200.42. The stock’s 50-day moving average is $190.40 and its two-hundred day moving average is $190.71. The firm has a market cap of $56.03 billion, a P/E ratio of 19.48 and a beta of 0.90.

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).