Procyon Advisors LLC increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 5.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,319 shares of the exchange traded fund’s stock after acquiring an additional 826 shares during the quarter. Procyon Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,836,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA raised its position in shares of iShares Russell 1000 Value ETF by 45.8% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 115,426 shares of the exchange traded fund’s stock worth $20,138,000 after acquiring an additional 36,280 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in iShares Russell 1000 Value ETF during the second quarter worth approximately $1,675,000. Moors & Cabot Inc. grew its stake in iShares Russell 1000 Value ETF by 31.4% during the second quarter. Moors & Cabot Inc. now owns 2,223 shares of the exchange traded fund’s stock worth $388,000 after purchasing an additional 531 shares during the period. Edgestream Partners L.P. bought a new stake in iShares Russell 1000 Value ETF in the second quarter worth approximately $742,000. Finally, Bradley Foster & Sargent Inc. CT lifted its stake in iShares Russell 1000 Value ETF by 57.3% in the second quarter. Bradley Foster & Sargent Inc. CT now owns 7,409 shares of the exchange traded fund’s stock valued at $1,293,000 after buying an additional 2,700 shares during the period.
iShares Russell 1000 Value ETF Stock Performance
iShares Russell 1000 Value ETF stock opened at $190.13 on Friday. The stock has a market capitalization of $59.56 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52-week low of $160.98 and a 52-week high of $200.42. The stock’s 50 day moving average price is $191.40 and its two-hundred day moving average price is $186.92.
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).
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