PUREfi Wealth LLC Takes $342,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

PUREfi Wealth LLC bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,846 shares of the exchange traded fund’s stock, valued at approximately $342,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James & Associates increased its stake in shares of iShares Russell 1000 Value ETF by 0.6% in the 3rd quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock valued at $695,872,000 after buying an additional 22,295 shares during the period. LPL Financial LLC increased its stake in shares of iShares Russell 1000 Value ETF by 0.7% in the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock valued at $625,197,000 after buying an additional 23,197 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of 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 during the period. 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 valued at $540,724,000 after buying an additional 34,700 shares during the period. Finally, Stifel Financial Corp increased its stake in shares of iShares Russell 1000 Value ETF by 3.8% in 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 buying an additional 70,612 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $194.48 on Friday. iShares Russell 1000 Value ETF has a 52 week low of $167.43 and a 52 week high of $200.42. The stock has a fifty day moving average of $190.10 and a 200-day moving average of $189.13. The stock has a market capitalization of $60.92 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).