Security Financial Services INC. bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) in the 1st quarter, Holdings Channel reports. The fund bought 8,329 shares of the exchange traded fund’s stock, valued at approximately $1,780,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth approximately $25,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth $28,000. MBM Wealth Consultants LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at $29,000. Grand Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $31,000. Finally, Heritage Wealth Advisors bought a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $31,000. Institutional investors own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Stock Performance
IWD opened at $251.82 on Friday. The stock has a market cap of $82.03 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The firm’s fifty day moving average is $243.68 and its 200 day moving average is $229.97. iShares Russell 1000 Value ETF has a fifty-two week low of $191.64 and a fifty-two week high of $252.73.
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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.
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Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report).
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