2,787 Shares in iShares Russell 1000 Value ETF $IWD Acquired by Stronghold Wealth Management L.L.C.

Stronghold Wealth Management L.L.C. purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,787 shares of the exchange traded fund’s stock, valued at approximately $586,000.

Several other large investors also recently bought and sold shares of the company. Arkadios Wealth Advisors lifted its stake in shares of iShares Russell 1000 Value ETF by 25.4% during the 3rd quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock valued at $14,915,000 after buying an additional 14,842 shares in the last quarter. Americana Partners LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 78.9% during the 3rd quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock valued at $34,732,000 after buying an additional 75,256 shares in the last quarter. 1ST Source Bank lifted its stake in shares of iShares Russell 1000 Value ETF by 1.3% during the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock valued at $139,686,000 after buying an additional 8,737 shares in the last quarter. Cullen Frost Bankers Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 0.8% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock valued at $77,332,000 after buying an additional 2,894 shares in the last quarter. Finally, Caprock Group LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $3,803,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $232.18 on Monday. The stock’s 50-day simple moving average is $222.09 and its 200 day simple moving average is $216.88. The stock has a market capitalization of $74.58 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52-week low of $184.69 and a 52-week high of $236.01.

iShares Russell 1000 Value ETF 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.