Sigma Planning Corp Makes New Investment in iShares Russell 1000 Value ETF $IWD

Sigma Planning Corp purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,336 shares of the exchange traded fund’s stock, valued at approximately $827,000.

A number of other hedge funds have also recently made changes to their positions in IWD. Centerpoint Advisory Group boosted its stake in iShares Russell 1000 Value ETF by 4.5% in the third quarter. Centerpoint Advisory Group now owns 9,088 shares of the exchange traded fund’s stock valued at $2,253,000 after acquiring an additional 390 shares in the last quarter. Compass Ion Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the 3rd quarter worth $221,000. Valley National Advisers Inc. acquired a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $56,000. Meridian Financial Partners LLC boosted its holdings in iShares Russell 1000 Value ETF by 23.5% in the third quarter. Meridian Financial Partners LLC now owns 1,342 shares of the exchange traded fund’s stock worth $344,000 after acquiring an additional 255 shares in the last quarter. Finally, Norris Perne & French LLP MI purchased a new stake in shares of iShares Russell 1000 Value ETF during the third quarter worth about $901,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Down 0.8%

Shares of iShares Russell 1000 Value ETF stock opened at $258.65 on Friday. The firm’s 50 day simple moving average is $254.79 and its two-hundred day simple moving average is $238.12. The firm has a market capitalization of $84.93 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12-month low of $199.79 and a 12-month high of $260.82.

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.