Watershed Private Wealth LLC Acquires Shares of 1,426 iShares Russell 1000 Value ETF $IWD

Watershed Private Wealth LLC acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,426 shares of the exchange traded fund’s stock, valued at approximately $277,000.

Other institutional investors have also modified their holdings of the company. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at about $25,000. GKV Capital Management Co. Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at about $27,000. RMG Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at about $33,000. Creative Capital Management Investments LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at about $38,000. Finally, Valley Wealth Managers Inc. grew its position in shares of iShares Russell 1000 Value ETF by 78.0% during the 1st quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 92 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.3%

NYSEARCA:IWD opened at $204.54 on Wednesday. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $206.01. The stock has a market capitalization of $64.59 billion, a PE ratio of 18.83 and a beta of 0.95. The stock’s 50-day moving average price is $200.42 and its 200-day moving average price is $192.12.

About iShares Russell 1000 Value ETF

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).