Orgel Wealth Management LLC Has $1.50 Million Stake in iShares Russell 1000 Value ETF $IWD

Orgel Wealth Management LLC grew its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 105.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,183 shares of the exchange traded fund’s stock after acquiring an additional 3,178 shares during the quarter. Orgel Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,499,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $28,000. MBM Wealth Consultants LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $29,000. C M Bidwell & Associates Ltd. acquired a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $30,000. Heritage Wealth Advisors bought a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. Finally, RMG Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the first quarter valued at approximately $40,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.5%

Shares of IWD stock opened at $256.91 on Tuesday. iShares Russell 1000 Value ETF has a 12-month low of $199.13 and a 12-month high of $260.19. The firm has a fifty day moving average of $251.19 and a 200-day moving average of $235.55. The company has a market capitalization of $83.47 billion, a price-to-earnings ratio of 18.83 and a beta of 0.83.

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.