iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Acquired by Pointe Capital Management LLC

Pointe Capital Management LLC raised its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 21.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,558 shares of the exchange traded fund’s stock after acquiring an additional 3,238 shares during the period. iShares Russell 1000 Value ETF makes up approximately 2.1% of Pointe Capital Management LLC’s investment portfolio, making the stock its 9th largest position. Pointe Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,522,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 628 shares of the exchange traded fund’s stock valued at $114,000 after purchasing an additional 314 shares during the last quarter. J.W. Cole Advisors Inc. raised its position in shares of iShares Russell 1000 Value ETF by 0.5% during the third quarter. J.W. Cole Advisors Inc. now owns 28,781 shares of the exchange traded fund’s stock worth $5,463,000 after purchasing an additional 136 shares during the period. Carret Asset Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 113.8% in the third quarter. Carret Asset Management LLC now owns 22,781 shares of the exchange traded fund’s stock valued at $4,324,000 after buying an additional 12,127 shares in the last quarter. Bristlecone Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 21.7% in the 3rd quarter. Bristlecone Advisors LLC now owns 3,920 shares of the exchange traded fund’s stock valued at $744,000 after acquiring an additional 700 shares in the last quarter. Finally, Covenant Partners LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 10.4% in the third quarter. Covenant Partners LLC now owns 146,605 shares of the exchange traded fund’s stock valued at $27,826,000 after purchasing an additional 13,830 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.7 %

iShares Russell 1000 Value ETF stock traded down $1.27 during midday trading on Friday, hitting $189.27. 1,386,624 shares of the stock were exchanged, compared to its average volume of 1,734,543. The stock has a market capitalization of $59.29 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The business’s 50-day moving average price is $188.00 and its 200-day moving average price is $180.22. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $193.77.

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).