Confluence Investment Management LLC Makes New $522,000 Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Confluence Investment Management LLC acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,994 shares of the exchange traded fund’s stock, valued at approximately $522,000.

Other large investors also recently modified their holdings of the company. Concord Wealth Partners grew its stake in shares of iShares Russell 1000 Value ETF by 70.4% in the first quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 69 shares in the last quarter. Partnership Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth about $28,000. CarsonAllaria Wealth Management Ltd. grew its stake in iShares Russell 1000 Value ETF by 84.4% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 81 shares in the last quarter. Access Investment Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth about $30,000. Finally, HHM Wealth Advisors LLC grew its stake in iShares Russell 1000 Value ETF by 60.2% during the fourth quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 71 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Down 1.9 %

iShares Russell 1000 Value ETF stock traded down $3.41 during trading hours on Monday, reaching $174.95. 1,798,337 shares of the stock were exchanged, compared to its average volume of 1,822,655. The company has a market cap of $54.80 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $184.93. The stock has a 50 day moving average of $176.74 and a two-hundred day moving average of $173.89.

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).