NovaPoint Capital LLC Purchases 106 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

NovaPoint Capital LLC increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,928 shares of the exchange traded fund’s stock after acquiring an additional 106 shares during the quarter. NovaPoint Capital LLC’s holdings in iShares Russell 1000 Value ETF were worth $357,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new position in iShares Russell 1000 Value ETF in the third quarter valued at about $32,000. Hantz Financial Services Inc. bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth approximately $35,000. Carmichael Hill & Associates Inc. raised its stake 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 buying an additional 193 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in iShares Russell 1000 Value ETF in the third quarter valued at approximately $44,000. Finally, Howe & Rusling Inc. increased its stake 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 purchasing an additional 147 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.7 %

Shares of IWD stock opened at $194.42 on Thursday. The firm has a fifty day moving average of $190.72 and a 200-day moving average of $188.58. iShares Russell 1000 Value ETF has a 12-month low of $164.34 and a 12-month high of $200.42. The company has a market capitalization of $60.90 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).