Financial Discovery Group Inc. Acquires New Position in iShares Russell 1000 Value ETF $IWD

Financial Discovery Group Inc. acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,449 shares of the exchange traded fund’s stock, valued at approximately $1,592,000. iShares Russell 1000 Value ETF makes up about 3.7% of Financial Discovery Group Inc.’s holdings, making the stock its 10th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Simplicity Wealth LLC increased its holdings in iShares Russell 1000 Value ETF by 0.3% in the first quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock valued at $3,426,000 after buying an additional 44 shares in the last quarter. Falcon Wealth Planning boosted its stake in shares of iShares Russell 1000 Value ETF by 3.9% during the 1st quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock worth $257,000 after acquiring an additional 45 shares in the last quarter. Members Wealth LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 3.6% during the 1st quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 46 shares in the last quarter. Cardiff Park Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 0.6% in the 4th quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock worth $1,563,000 after acquiring an additional 46 shares during the period. Finally, Sax Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 0.5% in the 4th quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock worth $2,013,000 after acquiring an additional 49 shares during the period. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $248.03 on Friday. The business has a 50 day moving average price of $240.67 and a 200 day moving average price of $227.49. The company has a market capitalization of $81.81 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1-year low of $191.64 and a 1-year high of $250.50.

iShares Russell 1000 Value ETF Company 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.