Tandem Financial LLC Invests $6.83 Million in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Tandem Financial LLC acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, Holdings Channel.com reports. The firm acquired 36,879 shares of the exchange traded fund’s stock, valued at approximately $6,827,000. iShares Russell 1000 Value ETF comprises approximately 7.3% of Tandem Financial LLC’s portfolio, making the stock its 4th largest position.

Other large investors have also made changes to their positions in the company. Raymond James & Associates lifted its holdings 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 purchasing an additional 22,295 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares Russell 1000 Value ETF by 0.7% in the third 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 last quarter. PNC Financial Services Group Inc. raised its position in shares of iShares Russell 1000 Value ETF by 0.3% in the third 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 buying an additional 10,304 shares during the last quarter. Synovus Financial Corp lifted its stake in shares of iShares Russell 1000 Value ETF by 1.2% during the third 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. Finally, Stifel Financial Corp boosted its position in iShares Russell 1000 Value ETF by 3.8% during the third quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock worth $369,623,000 after acquiring an additional 70,612 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.0 %

Shares of iShares Russell 1000 Value ETF stock opened at $194.41 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $164.34 and a fifty-two week high of $200.42. The business’s fifty day moving average is $190.62 and its two-hundred day moving average is $188.62. The firm has a market cap of $60.90 billion, a PE ratio of 17.81 and a beta of 0.77.

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).