SMI Advisory Services LLC Takes $55.46 Million Position in iShares Russell 1000 Value ETF $IWD

SMI Advisory Services LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 254,744 shares of the exchange traded fund’s stock, valued at approximately $55,463,000. iShares Russell 1000 Value ETF makes up approximately 9.6% of SMI Advisory Services LLC’s portfolio, making the stock its 3rd largest holding. SMI Advisory Services LLC owned approximately 0.08% of iShares Russell 1000 Value ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Stablepoint Partners LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 13.8% during the fourth quarter. Stablepoint Partners LLC now owns 2,473 shares of the exchange traded fund’s stock worth $520,000 after purchasing an additional 299 shares during the period. Stableford Capital II LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 51.9% in the fourth quarter. Stableford Capital II LLC now owns 9,186 shares of the exchange traded fund’s stock valued at $1,932,000 after buying an additional 3,138 shares during the period. Signal Advisors Wealth LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 11.7% in the fourth quarter. Signal Advisors Wealth LLC now owns 2,959 shares of the exchange traded fund’s stock valued at $622,000 after buying an additional 310 shares during the period. Ferguson Wellman Capital Management Inc. grew its position in iShares Russell 1000 Value ETF by 20.6% during the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 26,389 shares of the exchange traded fund’s stock worth $5,551,000 after buying an additional 4,513 shares in the last quarter. Finally, Corundum Group Inc. grew its position in iShares Russell 1000 Value ETF by 32.9% during the fourth quarter. Corundum Group Inc. now owns 163,052 shares of the exchange traded fund’s stock worth $34,296,000 after buying an additional 40,326 shares in the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $212.51 on Friday. The business has a fifty day moving average price of $220.08 and a two-hundred day moving average price of $211.53. The stock has a market capitalization of $66.21 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $226.39.

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.