Raymond James Financial Services Advisors Inc. Buys 269,405 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Raymond James Financial Services Advisors Inc. increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 31.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,122,375 shares of the exchange traded fund’s stock after acquiring an additional 269,405 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $195,821,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Triad Wealth Partners LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the second quarter valued at about $25,000. Partnership Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $28,000. Opal Wealth Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $28,000. CarsonAllaria Wealth Management Ltd. grew its holdings in shares of iShares Russell 1000 Value ETF by 84.4% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 81 shares in the last quarter. Finally, Access Investment Management LLC bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $30,000.

iShares Russell 1000 Value ETF Stock Performance

IWD stock traded up $1.39 during trading on Monday, hitting $183.73. 1,442,412 shares of the company’s stock traded hands, compared to its average volume of 1,819,952. iShares Russell 1000 Value ETF has a 52 week low of $143.34 and a 52 week high of $184.93. The stock has a market capitalization of $57.55 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The business has a fifty day simple moving average of $177.38 and a 200 day simple moving average of $174.92.

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).