Compass Financial Management LLC Makes New Investment in iShares Russell 1000 Value ETF $IWD

Compass Financial Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,952 shares of the exchange traded fund’s stock, valued at approximately $492,000.

Several other hedge funds have also made changes to their positions in the company. C M Bidwell & Associates Ltd. purchased a new position in iShares Russell 1000 Value ETF in the second quarter worth approximately $30,000. Great Lakes Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter valued at $4,626,000. Trust Co. of Vermont acquired a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at $785,000. S&CO Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at $1,224,000. Finally, Heck Capital Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 5.7% during the 2nd quarter. Heck Capital Advisors LLC now owns 25,627 shares of the exchange traded fund’s stock worth $6,213,000 after purchasing an additional 1,385 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD opened at $257.29 on Monday. The stock has a fifty day simple moving average of $249.33 and a 200-day simple moving average of $234.08. The stock has a market cap of $83.59 billion, a PE ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a twelve month low of $199.13 and a twelve month high of $260.19.

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.