Allspring Global Investments Holdings LLC Grows Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Allspring Global Investments Holdings LLC lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 37.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 66,055 shares of the exchange traded fund’s stock after purchasing an additional 17,969 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares Russell 1000 Value ETF were worth $12,205,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new position in iShares Russell 1000 Value ETF in the third quarter valued at $32,000. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth about $32,000. Hantz Financial Services Inc. purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth about $35,000. Carmichael Hill & Associates Inc. lifted its holdings in iShares Russell 1000 Value ETF by 536.1% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 193 shares during the last quarter. Finally, Northwest Investment Counselors LLC purchased a new stake in iShares Russell 1000 Value ETF during the 3rd quarter worth about $44,000.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $194.48 on Tuesday. The company has a market capitalization of $60.92 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The business has a 50-day moving average of $190.07 and a two-hundred day moving average of $189.30. iShares Russell 1000 Value ETF has a 1 year low of $167.43 and a 1 year high of $200.42.

iShares Russell 1000 Value ETF Profile

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).