4,563 Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD) Acquired by Magnolia Private Wealth LLC

Magnolia Private Wealth LLC bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 4,563 shares of the exchange traded fund’s stock, valued at approximately $845,000.

A number of other institutional investors have also recently bought and sold shares of the stock. LPL Financial LLC raised its holdings in shares of 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 period. PNC Financial Services Group Inc. grew its position in 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 purchasing an additional 10,304 shares in the last quarter. Synovus Financial Corp increased its stake in iShares Russell 1000 Value ETF by 1.2% in 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 last quarter. Truist Financial Corp boosted its stake in shares of iShares Russell 1000 Value ETF by 13.6% during the 4th 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 during the last quarter. Finally, Stifel Financial Corp increased its position in shares of iShares Russell 1000 Value ETF by 3.8% in the third quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock valued at $369,623,000 after acquiring an additional 70,612 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $193.11 on Wednesday. The business’s 50-day simple moving average is $190.35 and its 200 day simple moving average is $190.15. iShares Russell 1000 Value ETF has a 52-week low of $168.85 and a 52-week high of $200.42. The firm has a market capitalization of $62.11 billion, a PE ratio of 19.81 and a beta of 0.98.

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).