Parallel Advisors LLC Increases Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Parallel Advisors LLC increased its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,476 shares of the exchange traded fund’s stock after acquiring an additional 580 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $7,123,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in IWD. Peterson Wealth Services purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $32,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $32,000. Hantz Financial Services Inc. bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at about $35,000. Howe & Rusling Inc. lifted its holdings in iShares Russell 1000 Value ETF by 144.1% in the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 147 shares during the period. Finally, Centricity Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $46,000.

iShares Russell 1000 Value ETF Stock Up 1.8 %

IWD opened at $186.13 on Monday. The stock has a market cap of $60.20 billion, a PE ratio of 19.31 and a beta of 0.97. The business has a 50 day moving average of $191.13 and a 200-day moving average of $190.67. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week high of $200.42.

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).