Park Avenue Securities LLC Buys 1,402 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Park Avenue Securities LLC grew its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,595 shares of the exchange traded fund’s stock after buying an additional 1,402 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,849,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IWD. GLOBALT Investments LLC GA purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $330,977,000. Envestnet Asset Management Inc. raised its position in shares of iShares Russell 1000 Value ETF by 21.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,166,594 shares of the exchange traded fund’s stock worth $1,184,280,000 after acquiring an additional 1,282,817 shares in the last quarter. Alaska Permanent Fund Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 85.8% in the 1st quarter. Alaska Permanent Fund Corp now owns 1,929,517 shares of the exchange traded fund’s stock valued at $345,596,000 after purchasing an additional 890,764 shares during the period. Cresset Asset Management LLC boosted its position in shares of iShares Russell 1000 Value ETF by 218.0% during the fourth quarter. Cresset Asset Management LLC now owns 1,230,179 shares of the exchange traded fund’s stock valued at $203,287,000 after purchasing an additional 843,389 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in iShares Russell 1000 Value ETF by 162.1% in the first quarter. Cetera Investment Advisers now owns 1,223,017 shares of the exchange traded fund’s stock worth $219,055,000 after purchasing an additional 756,464 shares during the period.

iShares Russell 1000 Value ETF Trading Down 0.4 %

iShares Russell 1000 Value ETF stock traded down $0.73 on Wednesday, hitting $174.80. 1,229,364 shares of the stock traded hands, compared to its average volume of 1,835,810. The firm has a market cap of $54.76 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1 year low of $143.34 and a 1 year high of $184.93. The business’s fifty day simple moving average is $176.69 and its 200 day simple moving average is $174.06.

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).