Peterson Wealth Services Takes Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Peterson Wealth Services purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, HoldingsChannel reports. The fund purchased 173 shares of the exchange traded fund’s stock, valued at approximately $32,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 20,632.6% in the third quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock worth $267,150,000 after purchasing an additional 1,400,744 shares during the period. BNP Paribas Financial Markets grew its stake in iShares Russell 1000 Value ETF by 1,200,216.9% during the third quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock worth $148,083,000 after buying an additional 780,141 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in iShares Russell 1000 Value ETF by 18,440.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock worth $77,881,000 after buying an additional 418,414 shares in the last quarter. Cambiar Investors LLC increased its holdings in iShares Russell 1000 Value ETF by 811.8% in the 4th quarter. Cambiar Investors LLC now owns 292,754 shares of the exchange traded fund’s stock valued at $54,198,000 after buying an additional 260,648 shares during the period. Finally, FSA Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 3rd quarter valued at approximately $48,404,000.

iShares Russell 1000 Value ETF Trading Up 0.2 %

NYSEARCA IWD opened at $193.69 on Tuesday. The firm’s 50 day simple moving average is $190.39 and its 200 day simple moving average is $188.88. The firm has a market capitalization of $60.67 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1 year low of $164.34 and a 1 year high of $200.42.

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).