Northstar Asset Management Inc. Invests $245,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Northstar Asset Management Inc. acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,480 shares of the exchange traded fund’s stock, valued at approximately $245,000.

Other large investors also recently modified their holdings of the company. Jones Financial Companies Lllp grew its position in iShares Russell 1000 Value ETF by 0.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 8,735,247 shares of the exchange traded fund’s stock valued at $1,326,185,000 after purchasing an additional 77,652 shares during the period. UBS Group AG grew its position in iShares Russell 1000 Value ETF by 6.4% in the 4th quarter. UBS Group AG now owns 7,412,758 shares of the exchange traded fund’s stock valued at $1,224,958,000 after purchasing an additional 444,862 shares during the period. Pathstone Family Office LLC grew its position in iShares Russell 1000 Value ETF by 2,323.4% in the 3rd quarter. Pathstone Family Office LLC now owns 5,038,517 shares of the exchange traded fund’s stock valued at $764,948,000 after purchasing an additional 4,830,607 shares during the period. Wells Fargo & Company MN grew its position in iShares Russell 1000 Value ETF by 14.1% in the 4th quarter. Wells Fargo & Company MN now owns 4,909,518 shares of the exchange traded fund’s stock valued at $811,298,000 after purchasing an additional 608,062 shares during the period. Finally, Synovus Financial Corp lifted its stake in iShares Russell 1000 Value ETF by 2.5% during the 3rd quarter. Synovus Financial Corp now owns 4,824,149 shares of the exchange traded fund’s stock valued at $732,408,000 after acquiring an additional 117,900 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Down 1.4 %

NYSEARCA:IWD traded down $2.56 during trading hours on Thursday, hitting $175.57. 1,067,431 shares of the company traded hands, compared to its average volume of 1,963,946. The firm’s 50-day simple moving average is $175.13 and its 200-day simple moving average is $167.61. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $179.56. The company has a market cap of $55.00 billion, a PE ratio of 17.81 and a beta of 0.77.

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).