Convergence Financial LLC Buys New Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Convergence Financial LLC purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,062 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Several other large investors have also recently made changes to their positions in the business. Triad Wealth Partners LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the second quarter worth $25,000. Opal Wealth Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the second quarter worth $28,000. Concord Wealth Partners increased 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 worth $30,000 after buying an additional 69 shares during the period. Eagle Bay Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth $32,000. Finally, 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 worth $33,000 after buying an additional 149 shares during the period.

iShares Russell 1000 Value ETF Stock Down 0.7 %

Shares of NYSEARCA IWD opened at $189.27 on Friday. The company has a market cap of $59.29 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The firm’s fifty day moving average is $188.00 and its 200 day moving average is $180.22. iShares Russell 1000 Value ETF has a 52 week low of $143.34 and a 52 week high of $193.77.

About iShares Russell 1000 Value ETF

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).