Barnes Wealth Management Group Inc Takes $208,000 Position in iShares Russell 1000 Value ETF $IWD

Barnes Wealth Management Group Inc purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the first quarter, Holdings Channel.com reports. The fund purchased 1,107 shares of the exchange traded fund’s stock, valued at approximately $208,000.

A number of other institutional investors have also recently made changes to their positions in IWD. Woodside Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at $878,000. BSW Wealth Partners raised its stake in shares of iShares Russell 1000 Value ETF by 18.1% during the 1st quarter. BSW Wealth Partners now owns 5,148 shares of the exchange traded fund’s stock valued at $969,000 after purchasing an additional 790 shares during the period. Invesco Ltd. bought a new stake in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $634,000. Bond & Devick Financial Network Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 0.6% during the 1st quarter. Bond & Devick Financial Network Inc. now owns 10,592 shares of the exchange traded fund’s stock valued at $1,993,000 after purchasing an additional 63 shares during the period. Finally, Tanglewood Legacy Advisors LLC raised its stake in shares of iShares Russell 1000 Value ETF by 5.3% during the 1st quarter. Tanglewood Legacy Advisors LLC now owns 29,129 shares of the exchange traded fund’s stock valued at $5,481,000 after purchasing an additional 1,459 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 $201.77 on Friday. iShares Russell 1000 Value ETF has a 52-week low of $163.19 and a 52-week high of $202.19. The firm has a market cap of $63.68 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The business’s fifty day moving average is $195.59 and its 200 day moving average is $189.60.

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).