Ironwood Investment Counsel LLC Grows Stake in iShares Russell 1000 Value ETF $IWD

Ironwood Investment Counsel LLC raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 92.3% during the fourth quarter, HoldingsChannel reports. The fund owned 35,660 shares of the exchange traded fund’s stock after buying an additional 17,118 shares during the period. iShares Russell 1000 Value ETF comprises approximately 1.0% of Ironwood Investment Counsel LLC’s holdings, making the stock its 25th largest position. Ironwood Investment Counsel LLC’s holdings in iShares Russell 1000 Value ETF were worth $7,501,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of IWD. Arkadios Wealth Advisors raised its holdings in iShares Russell 1000 Value ETF by 25.4% in the third quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock worth $14,915,000 after purchasing an additional 14,842 shares in the last quarter. Americana Partners LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 78.9% during the third quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock valued at $34,732,000 after acquiring an additional 75,256 shares in the last quarter. 1ST Source Bank increased its holdings in shares of iShares Russell 1000 Value ETF by 1.3% during the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock valued at $139,686,000 after acquiring an additional 8,737 shares in the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 0.8% during the third quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock valued at $77,332,000 after acquiring an additional 2,894 shares in the last quarter. Finally, Caprock Group LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at about $3,803,000. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $232.18 on Monday. iShares Russell 1000 Value ETF has a 52-week low of $184.69 and a 52-week high of $236.01. The company has a market cap of $74.58 billion, a P/E ratio of 18.83 and a beta of 0.84. The firm’s 50-day moving average price is $222.09 and its 200-day moving average price is $216.88.

iShares Russell 1000 Value ETF Profile

(Free Report)

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.

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Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report).