Concurrent Investment Advisors LLC increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) by 8.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 8,197 shares of the exchange traded fund’s stock after acquiring an additional 643 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,556,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in IWD. Triad Wealth Partners LLC bought a new position in iShares Russell 1000 Value ETF during the second quarter valued at $25,000. Opal Wealth Advisors LLC bought a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $28,000. Eagle Bay Advisors LLC bought a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $32,000. Nemes Rush Group LLC raised its position in iShares Russell 1000 Value ETF by 382.1% in the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 149 shares during the period. Finally, Family Firm Inc. bought a new stake in iShares Russell 1000 Value ETF in the second quarter worth about $37,000.
iShares Russell 1000 Value ETF Stock Performance
IWD opened at $194.34 on Friday. The stock’s 50 day moving average price is $188.77 and its 200-day moving average price is $181.23. iShares Russell 1000 Value ETF has a one year low of $148.63 and a one year high of $195.16. The stock has a market cap of $60.88 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.
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).
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