Silver Oak Advisory Group Inc. purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,000 shares of the exchange traded fund’s stock, valued at approximately $1,240,000. iShares Russell 1000 Value ETF comprises 0.5% of Silver Oak Advisory Group Inc.’s holdings, making the stock its 27th biggest holding.
Several other institutional investors also recently added to or reduced their stakes in the company. Putney Financial Group LLC purchased a new stake in iShares Russell 1000 Value ETF in the third quarter valued at approximately $25,000. Timbuktu Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the second quarter valued at approximately $25,000. Markowski Investments acquired a new stake in shares of iShares Russell 1000 Value ETF in the second quarter valued at approximately $28,000. Midwest Capital Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $29,000. Finally, Cornerstone National Bank & Trust Co purchased a new position in shares of iShares Russell 1000 Value ETF during the third quarter worth approximately $30,000. Institutional investors and hedge funds own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Price Performance
Shares of IWD traded up $0.58 during mid-day trading on Friday, reaching $263.31. 2,029,648 shares of the company’s stock were exchanged, compared to its average volume of 2,631,208. The business’s fifty day simple moving average is $255.52 and its 200-day simple moving average is $240.26. The stock has a market capitalization of $84.88 billion, a PE ratio of 21.21 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52-week low of $199.79 and a 52-week high of $267.24.
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.
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