Managed Account Services Inc. lifted its stake in iShares Russell 1000 Value Index (NYSE:IWD) by 7.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,482 shares of the exchange traded fund’s stock after purchasing an additional 2,810 shares during the quarter. iShares Russell 1000 Value Index comprises approximately 3.2% of Managed Account Services Inc.’s holdings, making the stock its 7th largest position. Managed Account Services Inc.’s holdings in iShares Russell 1000 Value Index were worth $4,797,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of IWD. TIAA FSB bought a new stake in shares of iShares Russell 1000 Value Index in the 2nd quarter worth approximately $746,128,000. Harbour Capital Advisors LLC raised its holdings in iShares Russell 1000 Value Index by 11,211.2% in the 2nd quarter. Harbour Capital Advisors LLC now owns 4,902,285 shares of the exchange traded fund’s stock worth $42,105,000 after acquiring an additional 4,858,945 shares during the last quarter. American Century Companies Inc. raised its holdings in iShares Russell 1000 Value Index by 135.0% in the 2nd quarter. American Century Companies Inc. now owns 6,773,591 shares of the exchange traded fund’s stock worth $788,649,000 after acquiring an additional 3,891,622 shares during the last quarter. FMR LLC raised its holdings in iShares Russell 1000 Value Index by 11.3% in the 2nd quarter. FMR LLC now owns 26,166,698 shares of the exchange traded fund’s stock worth $3,046,589,000 after acquiring an additional 2,650,867 shares during the last quarter. Finally, Gainplan LLC purchased a new position in iShares Russell 1000 Value Index in the 2nd quarter worth approximately $139,988,000.

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Shares of iShares Russell 1000 Value Index (NYSE:IWD) traded up 0.54% during trading on Friday, reaching $120.64. 1,306,140 shares of the company were exchanged. iShares Russell 1000 Value Index has a 1-year low of $102.07 and a 1-year high of $121.24. The company’s 50-day moving average is $118.26 and its 200 day moving average is $116.20.

The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Wednesday, September 27th were paid a $0.6626 dividend. The ex-dividend date was Tuesday, September 26th. This represents a $2.65 annualized dividend and a yield of 2.20%.

About iShares Russell 1000 Value Index

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

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