128,103 Shares in iShares Russell 1000 Value Index (NYSEARCA:IWD) Purchased by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC acquired a new position in shares of iShares Russell 1000 Value Index (NYSEARCA:IWD) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 128,103 shares of the exchange traded fund’s stock, valued at approximately $15,181,000. iShares Russell 1000 Value Index makes up about 1.5% of Steward Partners Investment Advisory LLC’s portfolio, making the stock its 8th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of IWD. JPMorgan Chase & Co. grew its position in shares of iShares Russell 1000 Value Index by 3.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 823,150 shares of the exchange traded fund’s stock worth $95,839,000 after buying an additional 30,120 shares in the last quarter. Synovus Financial Corp lifted its stake in shares of iShares Russell 1000 Value Index by 4.5% during the 2nd quarter. Synovus Financial Corp now owns 2,949,682 shares of the exchange traded fund’s stock worth $343,435,000 after purchasing an additional 128,055 shares during the last quarter. New York Life Investment Management LLC lifted its stake in shares of iShares Russell 1000 Value Index by 3.3% during the 2nd quarter. New York Life Investment Management LLC now owns 127,596 shares of the exchange traded fund’s stock worth $14,856,000 after purchasing an additional 4,035 shares during the last quarter. Edelman Financial Services LLC lifted its stake in shares of iShares Russell 1000 Value Index by 2.4% during the 2nd quarter. Edelman Financial Services LLC now owns 19,895,288 shares of the exchange traded fund’s stock worth $2,316,408,000 after purchasing an additional 460,892 shares during the last quarter. Finally, Tarbox Family Office Inc. purchased a new stake in shares of iShares Russell 1000 Value Index during the 3rd quarter worth $718,000.

iShares Russell 1000 Value Index (NYSEARCA IWD) traded down $0.43 during trading on Friday, reaching $124.34. The company’s stock had a trading volume of 2,282,111 shares, compared to its average volume of 1,992,497. iShares Russell 1000 Value Index has a 52 week low of $111.60 and a 52 week high of $125.36. The stock has a market capitalization of $41,290.00 and a PE ratio of 15.09.

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Friday, December 22nd were paid a $0.6349 dividend. This represents a $2.54 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date was Thursday, December 21st. iShares Russell 1000 Value Index’s dividend payout ratio (DPR) is presently 31.43%.

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iShares Russell 1000 Value Index 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).

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

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