Focus Partners Wealth Grows Holdings in iShares Russell 1000 Value ETF $IWD

Focus Partners Wealth raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 561,038 shares of the exchange traded fund’s stock after buying an additional 64,938 shares during the period. Focus Partners Wealth owned about 0.18% of iShares Russell 1000 Value ETF worth $114,224,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Clayton Financial Group LLC purchased a new stake in iShares Russell 1000 Value ETF during the third quarter valued at about $27,000. Clarity Asset Management Inc. bought a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at about $35,000. Davis Capital Management purchased a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at about $38,000. Aberdeen Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $39,000. Finally, Federated Hermes Inc. purchased a new stake in iShares Russell 1000 Value ETF in the third quarter worth approximately $41,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $214.74 on Monday. The company has a market capitalization of $66.90 billion, a PE 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 $226.39. The company’s 50 day moving average price is $220.58 and its two-hundred day moving average price is $210.87.

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.