iShares Russell 1000 Value ETF $IWD Shares Purchased by Flaharty Asset Management LLC

Flaharty Asset Management LLC boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 4.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 221,900 shares of the exchange traded fund’s stock after purchasing an additional 8,488 shares during the quarter. iShares Russell 1000 Value ETF makes up approximately 5.7% of Flaharty Asset Management LLC’s portfolio, making the stock its 3rd biggest holding. Flaharty Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $45,178,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Atlantic Union Bankshares Corp boosted its stake in iShares Russell 1000 Value ETF by 612.7% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 23,036 shares of the exchange traded fund’s stock valued at $4,474,000 after acquiring an additional 19,804 shares during the last quarter. Arkadios Wealth Advisors increased its position in shares of iShares Russell 1000 Value ETF by 25.4% in the 3rd quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock worth $14,915,000 after purchasing an additional 14,842 shares during the last quarter. Americana Partners LLC raised its stake in shares of iShares Russell 1000 Value ETF by 78.9% in the 3rd quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock valued at $34,732,000 after purchasing an additional 75,256 shares in the last quarter. Joel Adams & Associates Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 93.2% in the 2nd quarter. Joel Adams & Associates Inc. now owns 2,900 shares of the exchange traded fund’s stock valued at $563,000 after purchasing an additional 1,399 shares in the last quarter. Finally, 1ST Source Bank lifted its position in shares of iShares Russell 1000 Value ETF by 0.3% during the second quarter. 1ST Source Bank now owns 677,377 shares of the exchange traded fund’s stock worth $131,567,000 after purchasing an additional 2,259 shares during the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA:IWD opened at $219.86 on Friday. The company has a market capitalization of $68.86 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $221.43. The stock has a 50-day simple moving average of $213.36 and a 200 day simple moving average of $205.56.

About iShares Russell 1000 Value ETF

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.