Tarbox Family Office Inc. Invests $228,000 in iShares Russell 1000 Value ETF $IWD

Tarbox Family Office Inc. purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 2nd quarter, Holdings Channel reports. The fund purchased 1,175 shares of the exchange traded fund’s stock, valued at approximately $228,000.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its position in shares of iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after purchasing an additional 2,981 shares in the last quarter. Bison Wealth LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 13.9% in the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 502 shares in the last quarter. Y Intercept Hong Kong Ltd lifted its stake in shares of iShares Russell 1000 Value ETF by 23.8% in the first quarter. Y Intercept Hong Kong Ltd now owns 1,958 shares of the exchange traded fund’s stock valued at $368,000 after purchasing an additional 377 shares during the period. Next Capital Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 2.4% during the first quarter. Next Capital Management LLC now owns 20,579 shares of the exchange traded fund’s stock worth $3,872,000 after buying an additional 474 shares in the last quarter. Finally, Advisors Preferred LLC purchased a new stake in iShares Russell 1000 Value ETF during the first quarter worth about $16,299,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $202.08 on Thursday. The firm has a market capitalization of $64.28 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89. The business’s 50 day simple moving average is $203.80 and its 200-day simple moving average is $197.47. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $208.66.

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).