Resonant Capital Advisors LLC Purchases Shares of 1,038 iShares Russell 1000 Value ETF $IWD

Resonant Capital Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,038 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Other hedge funds have also modified their holdings of the company. Penobscot Investment Management Company Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 4.6% in the second quarter. Penobscot Investment Management Company Inc. now owns 1,250 shares of the exchange traded fund’s stock valued at $243,000 after purchasing an additional 55 shares during the last quarter. Warner Financial Inc. increased its stake in iShares Russell 1000 Value ETF by 1.6% in the 2nd quarter. Warner Financial Inc. now owns 3,578 shares of the exchange traded fund’s stock valued at $695,000 after buying an additional 58 shares during the last quarter. InvesTrust lifted its position in iShares Russell 1000 Value ETF by 0.6% during the 2nd quarter. InvesTrust now owns 10,331 shares of the exchange traded fund’s stock worth $2,007,000 after buying an additional 59 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 0.6% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 10,150 shares of the exchange traded fund’s stock worth $1,971,000 after buying an additional 59 shares in the last quarter. Finally, Armstrong Advisory Group Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 3.0% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 2,115 shares of the exchange traded fund’s stock worth $411,000 after buying an additional 61 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $206.10 on Wednesday. The stock’s 50-day simple moving average is $202.72 and its 200 day simple moving average is $194.62. The company has a market cap of $65.50 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $207.58.

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).