Oppenheimer Asset Management Inc. Has $61.70 Million Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Oppenheimer Asset Management Inc. raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 461.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 333,272 shares of the exchange traded fund’s stock after acquiring an additional 273,905 shares during the period. iShares Russell 1000 Value ETF makes up about 0.7% of Oppenheimer Asset Management Inc.’s holdings, making the stock its 22nd largest position. Oppenheimer Asset Management Inc. owned 0.11% of iShares Russell 1000 Value ETF worth $61,699,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $32,000. Hantz Financial Services Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $35,000. Carmichael Hill & Associates Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 536.1% during the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 193 shares during the last quarter. Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $46,000. Finally, Howe & Rusling Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 144.1% during the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.4 %

Shares of NYSEARCA:IWD opened at $192.41 on Thursday. The stock has a market cap of $61.89 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a 12-month low of $168.85 and a 12-month high of $200.42. The business’s 50 day moving average is $190.52 and its 200 day moving average is $190.16.

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).