Essential Planning LLC. Takes $8.28 Million Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Essential Planning LLC. acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 43,163 shares of the exchange traded fund’s stock, valued at approximately $8,276,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $972,637,000. M&T Bank Corp raised its holdings in shares of iShares Russell 1000 Value ETF by 4.9% during the 4th quarter. M&T Bank Corp now owns 3,720,837 shares of the exchange traded fund’s stock valued at $688,838,000 after buying an additional 173,058 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,386,955 shares of the exchange traded fund’s stock valued at $627,027,000 after buying an additional 139,689 shares during the period. LPL Financial LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 0.7% during 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 buying an additional 23,197 shares during the period. Finally, Synovus Financial Corp raised its holdings 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 valued at $540,724,000 after buying an additional 34,700 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $184.67 on Wednesday. The company has a market cap of $59.40 billion, a P/E ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a one year low of $168.85 and a one year high of $200.42. The business’s 50-day simple moving average is $191.20 and its 200 day simple moving average is $190.71.

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).