Wealth Alliance LLC Acquires Shares of 7,270 iShares Russell 1000 Value ETF $IWD

Wealth Alliance LLC purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 7,270 shares of the exchange traded fund’s stock, valued at approximately $1,480,000.

Several other hedge funds also recently made changes to their positions in the stock. Clayton Financial Group LLC bought a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $27,000. Access Investment Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at about $35,000. Clarity Asset Management Inc. bought a new position in iShares Russell 1000 Value ETF during the second quarter valued at approximately $35,000. Davis Capital Management purchased a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth $38,000. Finally, Aberdeen Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the second quarter worth about $39,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD traded up $0.97 during mid-day trading on Friday, hitting $224.94. The stock had a trading volume of 171,662 shares, compared to its average volume of 3,766,140. The business has a 50 day moving average price of $217.31 and a two-hundred day moving average price of $208.08. The firm has a market cap of $70.08 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $226.39.

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.