Navigation Wealth Management Inc. Buys Shares of 1,581 iShares Russell 1000 Value ETF $IWD

Navigation Wealth Management Inc. purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the second quarter, according to its most recent filing with the SEC. The firm purchased 1,581 shares of the exchange traded fund’s stock, valued at approximately $307,000. iShares Russell 1000 Value ETF accounts for 0.5% of Navigation Wealth Management Inc.’s portfolio, making the stock its 17th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in IWD. InvesTrust grew its stake in iShares Russell 1000 Value ETF by 0.6% during the 2nd quarter. InvesTrust now owns 10,331 shares of the exchange traded fund’s stock worth $2,007,000 after buying an additional 59 shares during the last quarter. Bond & Devick Financial Network Inc. grew its stake in 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 worth $1,993,000 after buying an additional 63 shares during the last quarter. Harbor Investment Advisory LLC grew its stake in iShares Russell 1000 Value ETF by 0.3% during the 1st quarter. Harbor Investment Advisory LLC now owns 19,548 shares of the exchange traded fund’s stock worth $3,678,000 after buying an additional 63 shares during the last quarter. Virtue Capital Management LLC grew its stake in iShares Russell 1000 Value ETF by 1.6% during the 4th quarter. Virtue Capital Management LLC now owns 4,104 shares of the exchange traded fund’s stock worth $760,000 after buying an additional 65 shares during the last quarter. Finally, Seven Mile Advisory grew its stake in iShares Russell 1000 Value ETF by 0.8% during the 1st quarter. Seven Mile Advisory now owns 7,976 shares of the exchange traded fund’s stock worth $1,501,000 after buying an additional 65 shares during the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $201.49 on Wednesday. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $204.02. The stock’s fifty day moving average price is $198.51 and its 200 day moving average price is $190.48. The company has a market cap of $63.59 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95.

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).