Brass Tax Wealth Management Inc. Makes New $753,000 Investment in iShares Russell 1000 Value ETF $IWD

Brass Tax Wealth Management Inc. bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,700 shares of the exchange traded fund’s stock, valued at approximately $753,000.

Several other institutional investors also recently modified their holdings of the business. Arkadios Wealth Advisors boosted its holdings 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 buying an additional 14,842 shares during the last quarter. Americana Partners LLC increased its holdings in iShares Russell 1000 Value ETF by 78.9% during the third quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock worth $34,732,000 after buying an additional 75,256 shares during the last quarter. 1ST Source Bank increased its holdings in iShares Russell 1000 Value ETF by 1.3% during the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after buying an additional 8,737 shares during the last quarter. Cullen Frost Bankers Inc. raised its position in iShares Russell 1000 Value ETF by 0.8% in the third quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock worth $77,332,000 after acquiring an additional 2,894 shares during the period. Finally, Apella Capital LLC raised its position in iShares Russell 1000 Value ETF by 64.1% in the third quarter. Apella Capital LLC now owns 73,272 shares of the exchange traded fund’s stock worth $14,789,000 after acquiring an additional 28,614 shares during the period. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Up 0.0%

IWD opened at $214.74 on Friday. The stock has a market cap of $66.90 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $226.39. The company’s 50-day moving average price is $220.58 and its two-hundred day moving average price is $210.80.

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.