Wealth Alliance Invests $515,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Wealth Alliance bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 3,116 shares of the exchange traded fund’s stock, valued at approximately $515,000.

A number of other large investors also recently modified their holdings of IWD. Studio Investment Management LLC increased its stake in iShares Russell 1000 Value ETF by 115.0% in the fourth quarter. Studio Investment Management LLC now owns 172 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 92 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of iShares Russell 1000 Value ETF by 565.4% during the second quarter. Russell Investments Group Ltd. now owns 173 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 147 shares in the last quarter. Headinvest LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the third quarter worth $29,000. Peachtree Investment Partners LLC increased its position in shares of iShares Russell 1000 Value ETF by 84.8% during the third quarter. Peachtree Investment Partners LLC now owns 194 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 89 shares in the last quarter. Finally, BluePath Capital Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the third quarter worth $36,000.

iShares Russell 1000 Value ETF Stock Down 0.2 %

Shares of IWD stock opened at $169.39 on Thursday. The firm has a fifty day moving average of $173.01 and a 200-day moving average of $163.06. iShares Russell 1000 Value ETF has a 12-month low of $143.34 and a 12-month high of $179.56. The company has a market capitalization of $53.08 billion, a price-to-earnings ratio of 17.74 and a beta of 0.80.

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).