Pinnacle Wealth Planning Services Inc. Raises Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Pinnacle Wealth Planning Services Inc. boosted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,098 shares of the exchange traded fund’s stock after acquiring an additional 1,834 shares during the quarter. iShares Russell 1000 Value ETF accounts for approximately 0.1% of Pinnacle Wealth Planning Services Inc.’s portfolio, making the stock its 22nd largest holding. Pinnacle Wealth Planning Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $4,832,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA increased its stake in iShares Russell 1000 Value ETF by 13.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock valued at $24,748,000 after acquiring an additional 14,966 shares during the last quarter. Wedmont Private Capital increased its stake in iShares Russell 1000 Value ETF by 49.5% in the fourth quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock valued at $750,000 after acquiring an additional 1,351 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in iShares Russell 1000 Value ETF by 18,440.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after acquiring an additional 418,414 shares during the last quarter. Widmann Financial Services Inc. increased its stake in iShares Russell 1000 Value ETF by 2.0% in the third quarter. Widmann Financial Services Inc. now owns 28,552 shares of the exchange traded fund’s stock valued at $5,419,000 after acquiring an additional 561 shares during the last quarter. Finally, Embree Financial Group increased its stake in iShares Russell 1000 Value ETF by 1.4% in the fourth quarter. Embree Financial Group now owns 6,433 shares of the exchange traded fund’s stock valued at $1,191,000 after acquiring an additional 86 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.9 %

IWD opened at $190.33 on Thursday. The stock has a market cap of $61.22 billion, a PE ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week high of $200.42. The business’s fifty day simple moving average is $191.09 and its 200 day simple moving average is $190.57.

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).