Wall Capital Group Inc. Acquires Shares of 31,554 iShares Russell 1000 Value ETF $IWD

Wall Capital Group Inc. bought a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 31,554 shares of the exchange traded fund’s stock, valued at approximately $6,742,000. iShares Russell 1000 Value ETF makes up 7.2% of Wall Capital Group Inc.’s holdings, making the stock its 4th largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWD. 1ST Source Bank increased its position in iShares Russell 1000 Value ETF by 1.3% during the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock valued at $139,686,000 after buying an additional 8,737 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its stake in iShares Russell 1000 Value ETF by 32.6% during the third quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock valued at $5,308,000 after buying an additional 6,380 shares during the last quarter. Brown Miller Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $1,213,000. Personal CFO Solutions LLC bought a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $1,539,000. Finally, Claro Advisors LLC grew its stake in shares of iShares Russell 1000 Value ETF by 21.2% in the third quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock worth $20,707,000 after acquiring an additional 17,760 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 1.4%

NYSEARCA IWD opened at $244.41 on Friday. iShares Russell 1000 Value ETF has a 12 month low of $191.64 and a 12 month high of $245.71. The stock’s fifty day moving average price is $235.05 and its 200-day moving average price is $223.64. The stock has a market cap of $78.50 billion, a P/E ratio of 18.83 and a beta of 0.84.

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.