MOR Wealth Management LLC Buys Shares of 4,550 iShares Russell 1000 Value ETF $IWD

MOR Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,550 shares of the exchange traded fund’s stock, valued at approximately $957,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Arkadios Wealth Advisors grew its stake 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 valued at $14,915,000 after buying an additional 14,842 shares during the period. Americana Partners LLC raised its position 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 during the period. 1ST Source Bank lifted its holdings in iShares Russell 1000 Value ETF by 1.3% in the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock valued at $139,686,000 after acquiring an additional 8,737 shares during the last quarter. Cullen Frost Bankers Inc. grew 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 increased its stake in iShares Russell 1000 Value ETF by 64.1% during 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 last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $210.05 on Monday. The firm has a market cap of $65.44 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $226.39. The business’s fifty day simple moving average is $219.90 and its 200-day simple moving average is $211.74.

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.