Valmark Advisers Inc. Raises Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Valmark Advisers Inc. boosted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 23,786 shares of the exchange traded fund’s stock after purchasing an additional 294 shares during the period. Valmark Advisers Inc.’s holdings in iShares Russell 1000 Value ETF were worth $4,476,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Bedel Financial Consulting Inc. grew its stake in iShares Russell 1000 Value ETF by 1.3% during the fourth quarter. Bedel Financial Consulting Inc. now owns 4,404 shares of the exchange traded fund’s stock valued at $856,000 after acquiring an additional 57 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc lifted its position in iShares Russell 1000 Value ETF by 1.2% during the fourth quarter. Texas Capital Bank Wealth Management Services Inc now owns 5,294 shares of the exchange traded fund’s stock valued at $980,000 after purchasing an additional 63 shares during the last quarter. Bond & Devick Financial Network Inc. lifted its position in iShares Russell 1000 Value ETF by 0.6% during the first quarter. Bond & Devick Financial Network Inc. now owns 10,592 shares of the exchange traded fund’s stock valued at $1,993,000 after purchasing an additional 63 shares during the last quarter. Harbor Investment Advisory LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.3% in the 1st quarter. Harbor Investment Advisory LLC now owns 19,548 shares of the exchange traded fund’s stock worth $3,678,000 after acquiring an additional 63 shares during the last quarter. Finally, Virtue Capital Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 1.6% in the 4th quarter. Virtue Capital Management LLC now owns 4,104 shares of the exchange traded fund’s stock worth $760,000 after acquiring an additional 65 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $189.42 on Monday. The firm has a market cap of $60.82 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $200.42. The firm has a 50 day moving average price of $185.71 and a 200-day moving average price of $187.46.

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).