SB Capital Management Inc Purchases Shares of 12,764 iShares Russell 1000 Value ETF $IWD

SB Capital Management Inc acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, HoldingsChannel reports. The fund acquired 12,764 shares of the exchange traded fund’s stock, valued at approximately $2,685,000. iShares Russell 1000 Value ETF makes up 1.0% of SB Capital Management Inc’s investment portfolio, making the stock its 25th largest position.

Other large investors also recently made changes to their positions in the company. 1ST Source Bank boosted its position in shares of iShares Russell 1000 Value ETF by 1.3% in the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after buying an additional 8,737 shares during the period. Focus Partners Advisor Solutions LLC grew its stake in shares of iShares Russell 1000 Value ETF by 32.6% in the third quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock valued at $5,308,000 after buying an additional 6,380 shares in the last quarter. Brown Miller Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $1,213,000. Claro Advisors LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 21.2% during the 3rd quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock valued at $20,707,000 after buying an additional 17,760 shares during the period. Finally, Personal CFO Solutions LLC acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $1,539,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.7%

NYSEARCA IWD opened at $242.18 on Friday. The stock has a market cap of $77.79 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 $245.51. The business has a 50 day moving average price of $233.12 and a two-hundred day moving average price of $222.49.

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.