Tcfg Wealth Management LLC Boosts Position in iShares Russell 1000 Value ETF $IWD

Tcfg Wealth Management LLC boosted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 12,109.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 321,587 shares of the exchange traded fund’s stock after purchasing an additional 318,953 shares during the quarter. iShares Russell 1000 Value ETF comprises 5.3% of Tcfg Wealth Management LLC’s holdings, making the stock its 3rd biggest position. Tcfg Wealth Management LLC owned 0.10% of iShares Russell 1000 Value ETF worth $65,472,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in IWD. Harvest Investment Services LLC raised its stake in shares of iShares Russell 1000 Value ETF by 2.6% during the third quarter. Harvest Investment Services LLC now owns 3,335 shares of the exchange traded fund’s stock worth $679,000 after buying an additional 85 shares during the last quarter. FSA Wealth Management LLC lifted its holdings in iShares Russell 1000 Value ETF by 0.6% in the third quarter. FSA Wealth Management LLC now owns 267,641 shares of the exchange traded fund’s stock valued at $54,489,000 after buying an additional 1,532 shares during the period. Kestra Private Wealth Services LLC boosted its stake in iShares Russell 1000 Value ETF by 0.8% in the third quarter. Kestra Private Wealth Services LLC now owns 166,559 shares of the exchange traded fund’s stock valued at $33,910,000 after acquiring an additional 1,314 shares during the last quarter. NewEdge Advisors LLC boosted its stake in iShares Russell 1000 Value ETF by 3.2% in the third quarter. NewEdge Advisors LLC now owns 111,457 shares of the exchange traded fund’s stock valued at $22,692,000 after acquiring an additional 3,457 shares during the last quarter. Finally, First Foundation Advisors grew its holdings in iShares Russell 1000 Value ETF by 2.7% during the 3rd quarter. First Foundation Advisors now owns 5,477 shares of the exchange traded fund’s stock worth $1,115,000 after acquiring an additional 142 shares during the period. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Stock Performance

Shares of iShares Russell 1000 Value ETF stock opened at $216.84 on Wednesday. The firm has a fifty day moving average of $220.62 and a two-hundred day moving average of $211.08. The stock has a market capitalization of $67.56 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $226.39.

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.