Thrive Wealth Management LLC Purchases 1,063 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Thrive Wealth Management LLC boosted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 18.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,758 shares of the exchange traded fund’s stock after buying an additional 1,063 shares during the period. Thrive Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in IWD. Renaissance Technologies LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at $1,675,000. Edgestream Partners L.P. bought a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at $742,000. Hsbc Holdings PLC lifted its position in shares of iShares Russell 1000 Value ETF by 17.2% during the 2nd quarter. Hsbc Holdings PLC now owns 157,857 shares of the exchange traded fund’s stock valued at $27,541,000 after acquiring an additional 23,168 shares during the period. AE Wealth Management LLC lifted its position in shares of iShares Russell 1000 Value ETF by 17.3% during the 2nd quarter. AE Wealth Management LLC now owns 8,663 shares of the exchange traded fund’s stock valued at $1,511,000 after acquiring an additional 1,279 shares during the period. Finally, Thrivent Financial for Lutherans lifted its position in shares of iShares Russell 1000 Value ETF by 4.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 274,573 shares of the exchange traded fund’s stock valued at $47,905,000 after acquiring an additional 11,735 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $191.48 on Monday. The stock has a fifty day moving average price of $191.24 and a 200-day moving average price of $187.16. The company has a market cap of $59.98 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a fifty-two week low of $160.98 and a fifty-two week high of $200.42.

iShares Russell 1000 Value ETF Company 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).