Connectus Wealth LLC Invests $210,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Connectus Wealth LLC purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWDGet Rating) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,248 shares of the exchange traded fund’s stock, valued at approximately $210,000.

Several other hedge funds have also recently modified their holdings of IWD. Bank of America Corp DE lifted its position in iShares Russell 1000 Value ETF by 9.3% during the fourth quarter. Bank of America Corp DE now owns 52,540,813 shares of the exchange traded fund’s stock valued at $8,823,179,000 after acquiring an additional 4,463,503 shares during the last quarter. Alaska Permanent Fund Corp lifted its position in iShares Russell 1000 Value ETF by 90.2% during the first quarter. Alaska Permanent Fund Corp now owns 4,034,291 shares of the exchange traded fund’s stock valued at $669,612,000 after acquiring an additional 1,913,013 shares during the last quarter. Mizuho Bank Ltd. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $251,895,000. JPMorgan Chase & Co. lifted its position in iShares Russell 1000 Value ETF by 8.2% during the fourth quarter. JPMorgan Chase & Co. now owns 15,484,039 shares of the exchange traded fund’s stock valued at $2,600,236,000 after acquiring an additional 1,173,002 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in iShares Russell 1000 Value ETF by 11.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,151,210 shares of the exchange traded fund’s stock valued at $1,200,903,000 after acquiring an additional 741,429 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $154.19 on Friday. iShares Russell 1000 Value ETF has a 12-month low of $139.96 and a 12-month high of $171.42. The firm’s 50 day simple moving average is $149.73 and its two-hundred day simple moving average is $157.58.

iShares Russell 1000 Value ETF Profile

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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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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