Warner Group LLC Invests $632,000 in iShares Russell 1000 Value ETF $IWD

Warner Group LLC bought a new position 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 & Exchange Commission. The institutional investor bought 3,004 shares of the exchange traded fund’s stock, valued at approximately $632,000.

Other hedge funds have also recently modified their holdings of the company. Arkadios Wealth Advisors boosted its position in iShares Russell 1000 Value ETF by 25.4% during the third quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock worth $14,915,000 after purchasing an additional 14,842 shares in the last quarter. Americana Partners LLC boosted its position in iShares Russell 1000 Value ETF by 78.9% during the third quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock worth $34,732,000 after purchasing an additional 75,256 shares in the last quarter. 1ST Source Bank boosted its position in iShares Russell 1000 Value ETF by 1.3% during the third quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after purchasing an additional 8,737 shares in the last quarter. Cullen Frost Bankers Inc. boosted its position in iShares Russell 1000 Value ETF by 0.8% during the third quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock worth $77,332,000 after purchasing an additional 2,894 shares in the last quarter. Finally, Caprock Group LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter worth approximately $3,803,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.2%

Shares of IWD stock opened at $232.67 on Tuesday. The company has a market capitalization of $74.73 billion, a P/E ratio of 18.83 and a beta of 0.84. The business’s 50 day moving average is $222.33 and its two-hundred day moving average is $217.07. iShares Russell 1000 Value ETF has a 12-month low of $184.69 and a 12-month high of $236.01.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.