United Community Bank Invests $91,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

United Community Bank acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 492 shares of the exchange traded fund’s stock, valued at approximately $91,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth $32,000. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth $32,000. Hantz Financial Services Inc. purchased a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth $35,000. Howe & Rusling Inc. grew its position in shares of iShares Russell 1000 Value ETF by 144.1% during 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. Finally, Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter valued at about $46,000.

iShares Russell 1000 Value ETF Stock Up 0.6 %

Shares of iShares Russell 1000 Value ETF stock opened at $189.67 on Monday. The firm has a market cap of $61.01 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98. The business has a 50-day moving average price of $191.17 and a 200-day moving average price of $190.69. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42.

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).