Sax Wealth Advisors LLC Acquires 278 Shares of iShares Russell 1000 Value ETF $IWD

Sax Wealth Advisors LLC boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,447 shares of the exchange traded fund’s stock after purchasing an additional 278 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,835,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. American National Bank & Trust raised its stake in shares of iShares Russell 1000 Value ETF by 8.1% in the second quarter. American National Bank & Trust now owns 4,768 shares of the exchange traded fund’s stock valued at $926,000 after acquiring an additional 358 shares during the last quarter. Falcon Wealth Planning raised its stake in shares of iShares Russell 1000 Value ETF by 6.5% in the second quarter. Falcon Wealth Planning now owns 1,166 shares of the exchange traded fund’s stock valued at $226,000 after acquiring an additional 71 shares during the last quarter. Builder Investment Group Inc. ADV acquired a new stake in shares of iShares Russell 1000 Value ETF in the second quarter valued at approximately $205,000. ST Germain D J Co. Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 62.4% in the second quarter. ST Germain D J Co. Inc. now owns 2,851 shares of the exchange traded fund’s stock valued at $554,000 after purchasing an additional 1,095 shares in the last quarter. Finally, Beacon Investment Advisory Services Inc. acquired a new stake in shares of iShares Russell 1000 Value ETF in the second quarter valued at approximately $735,000. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $204.54 on Wednesday. The firm has a market cap of $64.59 billion, a P/E ratio of 18.83 and a beta of 0.95. The firm has a 50 day simple moving average of $200.42 and a 200 day simple moving average of $192.12. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $206.01.

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).