Focus Partners Wealth Acquires 851,770 Shares of iShares Russell 1000 Value ETF $IWD

Focus Partners Wealth raised its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 151.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,412,808 shares of the exchange traded fund’s stock after acquiring an additional 851,770 shares during the period. Focus Partners Wealth owned about 0.45% of iShares Russell 1000 Value ETF worth $297,152,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Reyes Financial Architecture Inc. bought a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $28,000. Holos Integrated Wealth LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $31,000. Grand Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $31,000. Finally, Heritage Wealth Advisors purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $31,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $242.13 on Friday. The firm has a market cap of $77.77 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a fifty-two week low of $188.55 and a fifty-two week high of $243.00. The business has a 50 day moving average price of $231.02 and a 200-day moving average price of $221.41.

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.