World Equity Group Inc. Increases Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

World Equity Group Inc. grew its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 14.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,582 shares of the exchange traded fund’s stock after purchasing an additional 197 shares during the quarter. World Equity Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $300,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Concourse Financial Group Securities Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 3.0% in the third quarter. Concourse Financial Group Securities Inc. now owns 1,834 shares of the exchange traded fund’s stock valued at $348,000 after buying an additional 53 shares in the last quarter. Sigma Investment Counselors Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 0.9% during the 3rd quarter. Sigma Investment Counselors Inc. now owns 6,005 shares of the exchange traded fund’s stock worth $1,140,000 after purchasing an additional 55 shares in the last quarter. Jaffetilchin Investment Partners LLC grew its stake in shares of iShares Russell 1000 Value ETF by 2.8% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 2,051 shares of the exchange traded fund’s stock worth $358,000 after purchasing an additional 56 shares during the period. Farmers & Merchants Investments Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 0.8% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 7,046 shares of the exchange traded fund’s stock valued at $1,337,000 after purchasing an additional 57 shares in the last quarter. Finally, SteelPeak Wealth LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 4.2% in the third quarter. SteelPeak Wealth LLC now owns 1,430 shares of the exchange traded fund’s stock valued at $271,000 after purchasing an additional 57 shares during the period.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $187.55 on Tuesday. The stock’s 50 day simple moving average is $188.52 and its 200 day simple moving average is $181.00. The stock has a market cap of $58.75 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $148.63 and a 1-year high of $193.77.

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).