Pure Financial Advisors LLC Purchases 596 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Pure Financial Advisors LLC grew its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,981 shares of the exchange traded fund’s stock after purchasing an additional 596 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,663,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors 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 3rd quarter worth $32,000. Nemes Rush Group LLC increased its stake in shares of iShares Russell 1000 Value ETF by 382.1% in the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 149 shares during the period. Carmichael Hill & Associates Inc. raised its position in shares of iShares Russell 1000 Value ETF by 536.1% during the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 193 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth approximately $44,000. Finally, Howe & Rusling Inc. boosted its holdings in iShares Russell 1000 Value ETF by 144.1% in the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $191.48 on Tuesday. The firm has a market cap of $59.98 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52-week low of $160.98 and a 52-week high of $200.42. The firm has a 50 day moving average price of $191.24 and a two-hundred day moving average price of $187.26.

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).