Morton Capital Management LLC CA Increases Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Morton Capital Management LLC CA grew its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 15.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,818 shares of the exchange traded fund’s stock after purchasing an additional 5,701 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 1.5% of Morton Capital Management LLC CA’s portfolio, making the stock its 11th largest holding. Morton Capital Management LLC CA’s holdings in iShares Russell 1000 Value ETF were worth $7,927,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IWD. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $32,000. Nemes Rush Group LLC grew its holdings in iShares Russell 1000 Value ETF by 382.1% in the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 149 shares in the last quarter. Carmichael Hill & Associates Inc. increased its stake in shares of iShares Russell 1000 Value ETF by 536.1% in the 3rd quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 193 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth $44,000. Finally, Howe & Rusling Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 144.1% during the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Up 0.6 %

iShares Russell 1000 Value ETF stock opened at $190.13 on Friday. The company has a 50-day moving average price of $191.40 and a 200 day moving average price of $186.92. iShares Russell 1000 Value ETF has a 12-month low of $160.98 and a 12-month high of $200.42. The stock has a market cap of $59.56 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).