StoneX Group Inc. Purchases 12,870 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

StoneX Group Inc. increased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 323,817 shares of the exchange traded fund’s stock after purchasing an additional 12,870 shares during the quarter. iShares Russell 1000 Value ETF makes up about 5.4% of StoneX Group Inc.’s investment portfolio, making the stock its 3rd largest position. StoneX Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $61,460,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 6,320,932 shares of the exchange traded fund’s stock valued at $1,102,813,000 after acquiring an additional 37,236 shares in the last quarter. Raymond James & Associates lifted its stake in shares of iShares Russell 1000 Value ETF by 0.6% during the third quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock valued at $695,872,000 after buying an additional 22,295 shares during the period. LPL Financial LLC boosted its position in iShares Russell 1000 Value ETF by 0.7% during the third quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after acquiring an additional 23,197 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in iShares Russell 1000 Value ETF by 0.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock valued at $616,331,000 after acquiring an additional 10,304 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 20,632.6% during the 3rd quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock worth $267,150,000 after purchasing an additional 1,400,744 shares during the period.

iShares Russell 1000 Value ETF Trading Up 0.8 %

NYSEARCA IWD opened at $197.71 on Friday. The company has a market capitalization of $61.93 billion, a PE ratio of 17.81 and a beta of 0.77. The business’s 50-day moving average price is $191.02 and its 200 day moving average price is $183.06. iShares Russell 1000 Value ETF has a twelve month low of $155.30 and a twelve month high of $197.87.

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).