Focus Partners Wealth Grows Position in iShares Russell 1000 Value ETF $IWD

Focus Partners Wealth grew its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 151.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,412,808 shares of the exchange traded fund’s stock after purchasing an additional 851,770 shares during the quarter. Focus Partners Wealth’s holdings in iShares Russell 1000 Value ETF were worth $297,152,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Reyes Financial Architecture Inc. purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $25,000. IFC & Insurance Marketing Inc. purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth $28,000. Holos Integrated Wealth LLC bought a new position in iShares Russell 1000 Value ETF in the fourth quarter worth $31,000. Grand Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF in the fourth quarter worth $31,000. Finally, Heritage Wealth Advisors bought a new position in iShares Russell 1000 Value ETF in the fourth quarter worth $31,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $242.13 on Friday. iShares Russell 1000 Value ETF has a 1-year low of $188.55 and a 1-year high of $243.00. The business has a fifty day moving average price of $231.02 and a 200-day moving average price of $221.41. The company has a market capitalization of $77.77 billion, a PE ratio of 18.83 and a beta of 0.84.

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.