Allianz Asset Management GmbH Invests $13.28 Million in iShares Russell 1000 (NYSEARCA:IWD) Stock

Allianz Asset Management GmbH purchased a new stake in shares of iShares Russell 1000 (NYSEARCA:IWD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 106,761 shares of the exchange traded fund’s stock, valued at approximately $13,275,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IWD. Edelman Financial Services LLC increased its stake in shares of iShares Russell 1000 by 2.5% during the third quarter. Edelman Financial Services LLC now owns 20,384,432 shares of the exchange traded fund’s stock valued at $2,415,759,000 after acquiring an additional 489,144 shares during the period. TIAA FSB increased its stake in shares of iShares Russell 1000 by 3.4% during the fourth quarter. TIAA FSB now owns 7,017,350 shares of the exchange traded fund’s stock valued at $872,537,000 after acquiring an additional 228,697 shares during the period. American Century Companies Inc. increased its stake in shares of iShares Russell 1000 by 82.0% during the fourth quarter. American Century Companies Inc. now owns 6,718,270 shares of the exchange traded fund’s stock valued at $835,350,000 after acquiring an additional 3,026,578 shares during the period. BlackRock Inc. increased its stake in shares of iShares Russell 1000 by 23.0% during the fourth quarter. BlackRock Inc. now owns 3,261,131 shares of the exchange traded fund’s stock valued at $405,489,000 after acquiring an additional 609,515 shares during the period. Finally, Synovus Financial Corp increased its stake in shares of iShares Russell 1000 by 1.2% during the fourth quarter. Synovus Financial Corp now owns 3,095,160 shares of the exchange traded fund’s stock valued at $384,840,000 after acquiring an additional 36,652 shares during the period.

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Shares of NYSEARCA IWD traded down $2.64 during mid-day trading on Monday, reaching $117.32. 2,721,083 shares of the company traded hands, compared to its average volume of 2,433,872. iShares Russell 1000 has a fifty-two week low of $112.39 and a fifty-two week high of $131.56.

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iShares Russell 1000 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).

Institutional Ownership by Quarter for iShares Russell 1000 (NYSEARCA:IWD)

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