Johnson Financial Group LLC Purchases New Position in iShares Russell 1000 Value ETF $IWD

Johnson Financial Group LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 12,276 shares of the exchange traded fund’s stock, valued at approximately $2,582,000.

Several other hedge funds have also recently bought and sold shares of IWD. 1ST Source Bank increased its position in iShares Russell 1000 Value ETF by 1.3% during the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after acquiring an additional 8,737 shares during the period. Caprock Group LLC bought a new stake in iShares Russell 1000 Value ETF in the 3rd quarter valued at about $3,803,000. Focus Partners Advisor Solutions LLC grew its position in shares of iShares Russell 1000 Value ETF by 32.6% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 25,923 shares of the exchange traded fund’s stock worth $5,308,000 after purchasing an additional 6,380 shares in the last quarter. Brown Miller Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth approximately $1,213,000. Finally, Claro Advisors LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 21.2% during the third quarter. Claro Advisors LLC now owns 101,709 shares of the exchange traded fund’s stock worth $20,707,000 after purchasing an additional 17,760 shares during the period. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Down 0.0%

Shares of IWD stock opened at $239.30 on Thursday. The stock has a market cap of $76.86 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 $188.39 and a 1 year high of $240.11. The stock has a 50 day simple moving average of $227.40 and a 200 day simple moving average of $219.77.

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.