Mezzasalma Advisors LLC Takes $802,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Mezzasalma Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, HoldingsChannel.com reports. The firm bought 4,333 shares of the exchange traded fund’s stock, valued at approximately $802,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Raymond James & Associates boosted its stake in iShares Russell 1000 Value ETF by 0.6% in the 3rd 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 in the last quarter. LPL Financial LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 0.7% in the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock valued at $625,197,000 after purchasing an additional 23,197 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of 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 worth $616,331,000 after purchasing an additional 10,304 shares during the last quarter. Synovus Financial Corp increased its position in shares of iShares Russell 1000 Value ETF by 1.2% during the 3rd quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock worth $540,724,000 after purchasing an additional 34,700 shares in the last quarter. Finally, Stifel Financial Corp increased its position in shares of iShares Russell 1000 Value ETF by 3.8% during the 3rd quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock worth $369,623,000 after purchasing an additional 70,612 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.6 %

NYSEARCA:IWD opened at $193.25 on Friday. The firm has a market cap of $60.54 billion, a PE ratio of 17.81 and a beta of 0.77. The company’s 50-day moving average price is $190.52 and its two-hundred day moving average price is $188.66. iShares Russell 1000 Value ETF has a 12 month low of $164.34 and a 12 month high of $200.42.

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).