FinArc Investments Inc. Invests $845,000 in iShares Russell 1000 Value ETF $IWD

FinArc Investments Inc. bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 3,954 shares of the exchange traded fund’s stock, valued at approximately $845,000.

A number of other institutional investors have also added to or reduced their stakes in IWD. Simplicity Wealth LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 0.3% in the 1st quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock worth $3,426,000 after purchasing an additional 44 shares in the last quarter. Falcon Wealth Planning lifted its position in iShares Russell 1000 Value ETF by 3.9% in the 1st quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock worth $257,000 after buying an additional 45 shares during the last quarter. Cardiff Park Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 0.6% in the 4th quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock worth $1,563,000 after buying an additional 46 shares during the last quarter. Members Wealth LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 3.6% in the 1st quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 46 shares during the last quarter. Finally, Cibc World Market Inc. raised its position in iShares Russell 1000 Value ETF by 3.1% in the 4th quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock worth $346,000 after purchasing an additional 49 shares during the period. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.5%

NYSEARCA IWD opened at $250.71 on Friday. The firm has a market cap of $81.67 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1-year low of $191.64 and a 1-year high of $252.73. The stock has a 50-day moving average of $243.37 and a 200-day moving average of $229.81.

iShares Russell 1000 Value ETF Company 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.