GGM Financials LLC Invests $561,000 in iShares Russell 1000 Value ETF $IWD

GGM Financials LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,886 shares of the exchange traded fund’s stock, valued at approximately $561,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWD. Brighton Jones LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 8.9% in the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after buying an additional 2,981 shares during the last quarter. Bison Wealth LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 13.9% in the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock worth $763,000 after buying an additional 502 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in iShares Russell 1000 Value ETF by 1,019.2% in the first quarter. Golden State Wealth Management LLC now owns 25,697 shares of the exchange traded fund’s stock valued at $4,835,000 after purchasing an additional 23,401 shares during the last quarter. Wise Wealth Partners lifted its stake in iShares Russell 1000 Value ETF by 20.5% in the first quarter. Wise Wealth Partners now owns 2,223 shares of the exchange traded fund’s stock valued at $418,000 after purchasing an additional 378 shares during the last quarter. Finally, Arbor Investment Advisors LLC lifted its stake in iShares Russell 1000 Value ETF by 0.5% in the first quarter. Arbor Investment Advisors LLC now owns 39,416 shares of the exchange traded fund’s stock valued at $7,417,000 after purchasing an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.6%

iShares Russell 1000 Value ETF stock opened at $207.50 on Tuesday. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $207.58. The business’s 50 day simple moving average is $202.58 and its 200 day simple moving average is $194.39. The company has a market cap of $65.94 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

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).