Forvis Mazars Wealth Advisors LLC Raises Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Forvis Mazars Wealth Advisors LLC boosted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 6,736 shares of the exchange traded fund’s stock after purchasing an additional 534 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,247,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its position in shares of iShares Russell 1000 Value ETF by 1,200,216.9% during the third quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after purchasing an additional 780,141 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in iShares Russell 1000 Value ETF by 18,440.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock worth $77,881,000 after purchasing an additional 418,414 shares during the last quarter. Truist Financial Corp grew its holdings in shares of iShares Russell 1000 Value ETF by 13.6% during the fourth quarter. Truist Financial Corp now owns 2,501,354 shares of the exchange traded fund’s stock worth $463,076,000 after buying an additional 299,280 shares in the last quarter. Cambiar Investors LLC raised its position in shares of iShares Russell 1000 Value ETF by 811.8% in the fourth quarter. Cambiar Investors LLC now owns 292,754 shares of the exchange traded fund’s stock valued at $54,198,000 after buying an additional 260,648 shares during the last quarter. Finally, FSA Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $48,404,000.

iShares Russell 1000 Value ETF Trading Down 1.4 %

IWD opened at $192.64 on Monday. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42. The firm has a market capitalization of $60.34 billion, a PE ratio of 17.81 and a beta of 0.77. The firm’s 50-day moving average price is $190.23 and its 200 day moving average price is $189.93.

iShares Russell 1000 Value ETF 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).