2,623 Shares in iShares Russell 1000 Value ETF $IWD Purchased by Retirement Planning Group LLC

Retirement Planning Group LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, HoldingsChannel.com reports. The firm purchased 2,623 shares of the exchange traded fund’s stock, valued at approximately $534,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clayton Financial Group LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at approximately $27,000. Advantage Trust Co purchased a new stake in iShares Russell 1000 Value ETF in the second quarter worth $29,000. RMG Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF in the second quarter valued at $33,000. Access Investment Management LLC bought a new stake in iShares Russell 1000 Value ETF in the second quarter valued at $35,000. Finally, Clarity Asset Management Inc. purchased a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at $35,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.4%

NYSEARCA:IWD opened at $218.32 on Thursday. The company has a 50-day moving average price of $209.78 and a 200-day moving average price of $203.64. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $218.51. The stock has a market cap of $71.19 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

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.