Secure Asset Management LLC Increases Stock Position in iShares Russell 1000 Value ETF $IWD

Secure Asset Management LLC lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 208.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,765 shares of the exchange traded fund’s stock after buying an additional 7,956 shares during the period. Secure Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,399,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new stake in iShares Russell 1000 Value ETF during the first quarter worth about $25,000. GKV Capital Management Co. Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter worth about $27,000. Advantage Trust Co acquired a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $29,000. RMG Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $33,000. Finally, Access Investment Management LLC purchased a new position in iShares Russell 1000 Value ETF in the second quarter valued at approximately $35,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.4%

iShares Russell 1000 Value ETF stock opened at $209.88 on Friday. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $213.53. The firm has a market capitalization of $66.76 billion, a P/E ratio of 18.83 and a beta of 0.89. The firm has a fifty day moving average of $206.30 and a 200-day moving average of $200.65.

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.