BG Investment Services Inc. Makes New $7.07 Million Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

BG Investment Services Inc. bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 38,206 shares of the exchange traded fund’s stock, valued at approximately $7,073,000. iShares Russell 1000 Value ETF makes up approximately 7.1% of BG Investment Services Inc.’s investment portfolio, making the stock its 4th biggest position.

Several other hedge funds also recently modified their holdings of the stock. Greenwood Gearhart Inc. increased its stake in iShares Russell 1000 Value ETF by 1.7% in the 3rd quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock valued at $610,000 after buying an additional 54 shares during the last quarter. Signature Wealth Management Partners LLC increased its position in shares of iShares Russell 1000 Value ETF by 4.7% during the fourth quarter. Signature Wealth Management Partners LLC now owns 1,223 shares of the exchange traded fund’s stock valued at $226,000 after acquiring an additional 55 shares during the last quarter. PBMares Wealth Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 2.4% during the fourth quarter. PBMares Wealth Management LLC now owns 2,378 shares of the exchange traded fund’s stock valued at $440,000 after acquiring an additional 55 shares during the last quarter. Bedel Financial Consulting Inc. boosted its position in iShares Russell 1000 Value ETF by 1.3% in the fourth quarter. Bedel Financial Consulting Inc. now owns 4,404 shares of the exchange traded fund’s stock worth $856,000 after purchasing an additional 57 shares during the last quarter. Finally, Global Trust Asset Management LLC grew its stake in iShares Russell 1000 Value ETF by 3.0% in the 4th quarter. Global Trust Asset Management LLC now owns 2,257 shares of the exchange traded fund’s stock valued at $418,000 after purchasing an additional 66 shares during the period.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $189.34 on Wednesday. The business’s fifty day moving average is $191.49 and its 200-day moving average is $190.79. The stock has a market capitalization of $61.24 billion, a price-to-earnings ratio of 19.31 and a beta of 0.97. iShares Russell 1000 Value ETF has a one year low of $168.85 and a one year 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).