BG Investment Services Inc. Buys Shares of 38,206 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

BG Investment Services Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, Holdings Channel.com reports. The fund purchased 38,206 shares of the exchange traded fund’s stock, valued at approximately $7,073,000. iShares Russell 1000 Value ETF makes up about 7.1% of BG Investment Services Inc.’s investment portfolio, making the stock its 4th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Greenwood Gearhart Inc. boosted its position in iShares Russell 1000 Value ETF by 1.7% during the third quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 54 shares during the period. Signature Wealth Management Partners LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 4.7% during the 4th quarter. Signature Wealth Management Partners LLC now owns 1,223 shares of the exchange traded fund’s stock valued at $226,000 after buying an additional 55 shares in the last quarter. PBMares Wealth Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 2.4% in the 4th quarter. PBMares Wealth Management LLC now owns 2,378 shares of the exchange traded fund’s stock worth $440,000 after buying an additional 55 shares during the period. Bedel Financial Consulting Inc. raised its holdings in iShares Russell 1000 Value ETF by 1.3% during the 4th quarter. Bedel Financial Consulting Inc. now owns 4,404 shares of the exchange traded fund’s stock valued at $856,000 after acquiring an additional 57 shares during the period. Finally, Global Trust Asset Management LLC raised its holdings in iShares Russell 1000 Value ETF by 3.0% during the 4th quarter. Global Trust Asset Management LLC now owns 2,257 shares of the exchange traded fund’s stock valued at $418,000 after acquiring an additional 66 shares during the period.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $189.34 on Wednesday. The firm has a market capitalization of $61.24 billion, a P/E ratio of 19.31 and a beta of 0.97. iShares Russell 1000 Value ETF has a one year low of $168.85 and a one year high of $200.42. The business has a fifty day moving average price of $191.49 and a 200-day moving average price of $190.79.

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).