Bonfire Financial Buys Shares of 5,045 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Bonfire Financial purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,045 shares of the exchange traded fund’s stock, valued at approximately $934,000. iShares Russell 1000 Value ETF makes up about 0.8% of Bonfire Financial’s investment portfolio, making the stock its 25th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Eagle Bay Advisors LLC bought a new position in iShares Russell 1000 Value ETF during the third quarter worth about $32,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth about $35,000. Carmichael Hill & Associates Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 536.1% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 193 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at approximately $44,000. Finally, Howe & Rusling Inc. increased its stake in iShares Russell 1000 Value ETF by 144.1% during the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 147 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $193.69 on Tuesday. iShares Russell 1000 Value ETF has a 52 week low of $164.34 and a 52 week high of $200.42. The company’s 50 day moving average price is $190.39 and its two-hundred day moving average price is $188.88. The company has a market capitalization of $60.67 billion, a P/E ratio of 17.81 and a beta of 0.77.

iShares Russell 1000 Value ETF Company 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).