Proathlete Wealth Management LLC Has $28.55 Million Stock Position in iShares Russell 1000 Value ETF $IWD

Proathlete Wealth Management LLC grew its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.7% during the third quarter, HoldingsChannel.com reports. The firm owned 140,218 shares of the exchange traded fund’s stock after purchasing an additional 7,604 shares during the period. iShares Russell 1000 Value ETF makes up approximately 8.2% of Proathlete Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. Proathlete Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $28,547,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stephens Group Asset Management LLC increased its position in iShares Russell 1000 Value ETF by 3.3% in the 3rd quarter. Stephens Group Asset Management LLC now owns 431,794 shares of the exchange traded fund’s stock valued at $87,909,000 after acquiring an additional 13,771 shares during the period. Thrive Wealth Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 1.1% during the third quarter. Thrive Wealth Management LLC now owns 5,959 shares of the exchange traded fund’s stock worth $1,213,000 after purchasing an additional 63 shares during the period. Keb Asset Management LLC grew its stake in shares of iShares Russell 1000 Value ETF by 14.1% in the third quarter. Keb Asset Management LLC now owns 1,634 shares of the exchange traded fund’s stock worth $333,000 after purchasing an additional 202 shares during the last quarter. LWM Advisors Inc. increased its holdings in iShares Russell 1000 Value ETF by 1.4% in the third quarter. LWM Advisors Inc. now owns 115,975 shares of the exchange traded fund’s stock valued at $23,611,000 after purchasing an additional 1,616 shares during the period. Finally, Grove Bank & Trust increased its holdings in iShares Russell 1000 Value ETF by 2.9% in the third quarter. Grove Bank & Trust now owns 16,196 shares of the exchange traded fund’s stock valued at $3,297,000 after purchasing an additional 455 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 1.3%

Shares of IWD opened at $209.32 on Wednesday. The stock’s 50-day moving average price is $205.91 and its two-hundred day moving average price is $200.38. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $213.53. The company has a market capitalization of $66.58 billion, a PE ratio of 18.83 and a beta of 0.89.

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).