Commonwealth Equity Services LLC Purchases 44,819 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Commonwealth Equity Services LLC increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,095,925 shares of the exchange traded fund’s stock after buying an additional 44,819 shares during the quarter. iShares Russell 1000 Value ETF accounts for 0.6% of Commonwealth Equity Services LLC’s portfolio, making the stock its 19th largest position. Commonwealth Equity Services LLC’s holdings in iShares Russell 1000 Value ETF were worth $346,352,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. HHM Wealth Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 60.2% in the fourth quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 71 shares during the last quarter. Headinvest LLC bought a new stake in iShares Russell 1000 Value ETF in the third quarter valued at approximately $29,000. Peachtree Investment Partners LLC lifted its position in iShares Russell 1000 Value ETF by 84.8% in the third quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 89 shares during the last quarter. BluePath Capital Management LLC bought a new stake in iShares Russell 1000 Value ETF in the third quarter valued at approximately $36,000. Finally, Federated Hermes Inc. bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $42,000.

iShares Russell 1000 Value ETF Trading Up 0.4 %

IWD stock traded up $0.66 during midday trading on Thursday, hitting $171.89. The company had a trading volume of 538,072 shares, compared to its average volume of 2,112,131. iShares Russell 1000 Value ETF has a 52 week low of $143.34 and a 52 week high of $179.56. The stock’s 50 day moving average price is $173.89 and its 200 day moving average price is $164.62. The stock has a market cap of $53.84 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).