iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Bought by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc raised its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 178,372 shares of the exchange traded fund’s stock after purchasing an additional 20,750 shares during the period. iShares Russell 1000 Value ETF comprises approximately 0.7% of Pinnacle Financial Partners Inc’s holdings, making the stock its 27th largest holding. Pinnacle Financial Partners Inc’s holdings in iShares Russell 1000 Value ETF were worth $33,050,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in IWD. International Assets Investment Management LLC raised its position in shares of iShares Russell 1000 Value ETF by 20,632.6% during the 3rd quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock valued at $267,150,000 after acquiring an additional 1,400,744 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of iShares Russell 1000 Value ETF by 1,200,216.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock valued at $148,083,000 after acquiring an additional 780,141 shares in the last quarter. Strategic Financial Concepts LLC raised its position in shares of iShares Russell 1000 Value ETF by 18,440.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after acquiring an additional 418,414 shares in the last quarter. Truist Financial Corp raised its position 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 valued at $463,076,000 after acquiring an additional 299,280 shares in the last quarter. Finally, Cambiar Investors LLC raised its position in shares of iShares Russell 1000 Value ETF by 811.8% during the 4th quarter. Cambiar Investors LLC now owns 292,754 shares of the exchange traded fund’s stock valued at $54,198,000 after acquiring an additional 260,648 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Down 1.4 %

IWD stock opened at $192.64 on Friday. The firm has a market cap of $60.34 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12-month low of $168.85 and a 12-month high of $200.42. The stock’s 50 day simple moving average is $190.23 and its 200 day simple moving average is $189.73.

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).