Pinnacle Financial Partners, Inc., a registered investment adviser, initiated a new position in iShares Russell 1000 Value ETF (AMEX:IWD) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 2,951,871 shares of the Financial Services company, valued at approximately $620.9M as of the filing date.
iShares Russell 1000 Value ETF's stock currently trades at $224.80 with a market capitalization of $65.0B.