CIBC Private Wealth Group LLC Acquires 3,813 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

CIBC Private Wealth Group LLC grew its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 173,510 shares of the exchange traded fund’s stock after purchasing an additional 3,813 shares during the period. CIBC Private Wealth Group LLC owned approximately 0.06% of iShares Russell 1000 Value ETF worth $32,313,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IWD. MV Capital Management Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 1.1% during the 4th quarter. MV Capital Management Inc. now owns 379,988 shares of the exchange traded fund’s stock valued at $70,347,000 after purchasing an additional 4,148 shares during the period. BlueChip Wealth Advisors LLC grew its holdings in iShares Russell 1000 Value ETF by 1.7% during the 4th quarter. BlueChip Wealth Advisors LLC now owns 5,357 shares of the exchange traded fund’s stock valued at $992,000 after buying an additional 88 shares in the last quarter. Allstate Corp bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at about $565,000. Brown Brothers Harriman & Co. increased its position in shares of iShares Russell 1000 Value ETF by 7.9% during the fourth quarter. Brown Brothers Harriman & Co. now owns 32,296 shares of the exchange traded fund’s stock valued at $5,979,000 after buying an additional 2,366 shares during the period. Finally, RiverFront Investment Group LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $651,000.

iShares Russell 1000 Value ETF Trading Down 1.4 %

Shares of NYSEARCA:IWD opened at $186.27 on Monday. The company has a 50 day moving average of $191.37 and a 200 day moving average of $190.87. The stock has a market cap of $60.25 billion, a P/E ratio of 19.31 and a beta of 0.97. iShares Russell 1000 Value ETF has a 12 month low of $168.85 and a 12 month 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).