MAI Capital Management Acquires 27,193 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

MAI Capital Management increased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 24.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 140,433 shares of the exchange traded fund’s stock after buying an additional 27,193 shares during the period. MAI Capital Management’s holdings in iShares Russell 1000 Value ETF were worth $15,595,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Renaissance Technologies LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth $1,068,000. Macquarie Group Ltd. bought a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth $116,000. Clarus Wealth Advisors lifted its holdings in shares of iShares Russell 1000 Value ETF by 61.4% during the 3rd quarter. Clarus Wealth Advisors now owns 113,512 shares of the exchange traded fund’s stock worth $14,373,000 after acquiring an additional 43,185 shares during the last quarter. KLS Professional Advisors Group LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 19.5% during the 3rd quarter. KLS Professional Advisors Group LLC now owns 7,937 shares of the exchange traded fund’s stock worth $1,005,000 after acquiring an additional 1,294 shares during the last quarter. Finally, Stephens Group Asset Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 10.8% during the 3rd quarter. Stephens Group Asset Management LLC now owns 617,785 shares of the exchange traded fund’s stock worth $78,224,000 after acquiring an additional 60,444 shares during the last quarter.

NYSEARCA:IWD traded down $1.56 during trading hours on Thursday, reaching $118.94. The company’s stock had a trading volume of 61,500 shares, compared to its average volume of 4,557,026. iShares Russell 1000 Value ETF has a 1 year low of $104.07 and a 1 year high of $129.82.

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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).

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