NTV Asset Management LLC Makes New Investment in iShares Russell 1000 Value ETF $IWD

NTV Asset Management LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,815 shares of the exchange traded fund’s stock, valued at approximately $3,673,000.

Other hedge funds also recently added to or reduced their stakes in the company. Sowell Financial Services LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter worth about $8,960,000. Ascent Wealth Partners LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth about $3,063,000. Rebalance LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 0.4% in the 3rd quarter. Rebalance LLC now owns 34,721 shares of the exchange traded fund’s stock worth $8,608,000 after acquiring an additional 128 shares during the period. West Financial Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 120.1% in the 3rd quarter. West Financial Advisors LLC now owns 2,309 shares of the exchange traded fund’s stock valued at $572,000 after purchasing an additional 1,260 shares during the last quarter. Finally, Manchester Capital Management LLC bought a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at about $2,550,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Down 0.6%

Shares of NYSEARCA:IWD opened at $257.42 on Friday. The company’s 50-day moving average price is $254.61 and its 200 day moving average price is $244.98. The company has a market cap of $84.23 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a fifty-two week low of $199.79 and a fifty-two week 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.