Wescott Financial Advisory Group LLC Invests $272,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Wescott Financial Advisory Group LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,705 shares of the exchange traded fund’s stock, valued at approximately $272,000.

A number of other hedge funds have also recently added to or reduced their stakes in IWD. Red Door Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $26,000. Regency Capital Management Inc. DE purchased a new stake in iShares Russell 1000 Value ETF in the 1st quarter worth approximately $27,000. Arete Wealth Advisors LLC grew its stake in iShares Russell 1000 Value ETF by 71.9% in the 2nd quarter. Arete Wealth Advisors LLC now owns 20,791 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 8,696 shares during the period. PNC Managed Account Solutions Inc. purchased a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $65,000. Finally, Institutional & Family Asset Management LLC grew its stake in iShares Russell 1000 Value ETF by 300.8% in the 1st quarter. Institutional & Family Asset Management LLC now owns 489 shares of the exchange traded fund’s stock worth $74,000 after acquiring an additional 367 shares during the period.

Shares of NYSEARCA IWD traded up $1.35 during trading on Wednesday, hitting $160.94. 404,271 shares of the company traded hands, compared to its average volume of 2,719,234. iShares Russell 1000 Value ETF has a 1 year low of $113.57 and a 1 year high of $164.12. The company has a 50-day moving average price of $160.76 and a 200-day moving average price of $157.84.

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).

Further Reading: What does it mean to hold a stock in street name?

Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Receive News & Ratings for iShares Russell 1000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 1000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.