Signature Wealth Management Partners LLC Buys Shares of 1,162 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Signature Wealth Management Partners LLC bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the second quarter, Holdings Channel.com reports. The firm bought 1,162 shares of the exchange traded fund’s stock, valued at approximately $203,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWD. Partnership Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter valued at $28,000. Opal Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter valued at $28,000. CarsonAllaria Wealth Management Ltd. raised its position in iShares Russell 1000 Value ETF by 84.4% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 81 shares during the period. Access Investment Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $30,000. Finally, Concord Wealth Partners grew its stake in shares of iShares Russell 1000 Value ETF by 70.4% in the first quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 69 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD traded down $0.79 during trading on Monday, reaching $177.16. The stock had a trading volume of 2,118,222 shares, compared to its average volume of 1,835,711. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $184.93. The business’s 50-day moving average price is $176.83 and its 200-day moving average price is $174.40. The company has a market cap of $55.50 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).