Longview Financial Advisors LLC Buys New Shares in iShares Russell 1000 Value ETF $IWD

Longview Financial Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 286 shares of the exchange traded fund’s stock, valued at approximately $56,000.

A number of other hedge funds also recently modified their holdings of IWD. Brighton Jones LLC boosted its stake in 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 valued at $6,787,000 after purchasing an additional 2,981 shares during the period. Bison Wealth LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 13.9% during 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 in the last quarter. Twelve Points Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth about $201,000. Moloney Securities Asset Management LLC boosted its position in iShares Russell 1000 Value ETF by 2.6% in the first quarter. Moloney Securities Asset Management LLC now owns 3,466 shares of the exchange traded fund’s stock valued at $652,000 after buying an additional 87 shares in the last quarter. Finally, Heritage Wealth Management Inc. CA bought a new stake in shares of iShares Russell 1000 Value ETF during the first quarter worth $219,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.5%

Shares of NYSEARCA:IWD opened at $203.10 on Friday. The business has a fifty day simple moving average of $203.20 and a 200 day simple moving average of $195.82. The firm has a market cap of $64.61 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $207.58.

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).