Forthright Family Wealth Advisory LLC Boosts Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Forthright Family Wealth Advisory LLC raised its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,018 shares of the exchange traded fund’s stock after purchasing an additional 142 shares during the quarter. iShares Russell 1000 Value ETF comprises 0.5% of Forthright Family Wealth Advisory LLC’s holdings, making the stock its 28th biggest position. Forthright Family Wealth Advisory LLC’s holdings in iShares Russell 1000 Value ETF were worth $787,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IWD. Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell 1000 Value ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 6,320,932 shares of the exchange traded fund’s stock valued at $1,102,813,000 after purchasing an additional 37,236 shares in the last quarter. Raymond James & Associates increased its stake 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 buying an additional 22,295 shares during the period. LPL Financial LLC grew its stake in shares of iShares Russell 1000 Value ETF by 0.7% during the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after purchasing an additional 23,197 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 0.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after purchasing an additional 10,304 shares during the period. Finally, Synovus Financial Corp lifted its holdings 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 purchasing an additional 34,700 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.4 %

Shares of IWD stock traded down $0.77 during trading hours on Friday, hitting $191.80. 236,254 shares of the company were exchanged, compared to its average volume of 1,758,795. The firm has a market cap of $60.08 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1 year low of $160.98 and a 1 year high of $200.42. The firm has a fifty day moving average of $193.35 and a 200 day moving average of $184.92.

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).