Peak Wealth Management LLC Acquires Shares of 2,839 iShares Russell 1000 Value ETF $IWD

Peak Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 2,839 shares of the exchange traded fund’s stock, valued at approximately $597,000. iShares Russell 1000 Value ETF comprises 0.5% of Peak Wealth Management LLC’s holdings, making the stock its 26th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of IWD. Reyes Financial Architecture Inc. acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at approximately $25,000. Holos Integrated Wealth LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at approximately $31,000. Grand Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at approximately $31,000. Eagle Bay Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at approximately $36,000. Finally, Key Capital Management INC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at approximately $40,000. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $233.90 on Monday. iShares Russell 1000 Value ETF has a 12 month low of $184.61 and a 12 month high of $234.81. The company has a 50 day simple moving average of $220.93 and a two-hundred day simple moving average of $215.68. The stock has a market cap of $75.13 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

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). 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.