iShares Russell 1000 Value ETF $IWD Shares Newly Bought by Brighton Jones LLC

Brighton Jones LLC purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 35,732 shares of the exchange traded fund’s stock, valued at approximately $8,859,000.

Other institutional investors also recently modified their holdings of the company. Timbuktu Capital Management LLC purchased a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $25,000. Putney Financial Group LLC bought a new stake in iShares Russell 1000 Value ETF during the third quarter worth about $25,000. Markowski Investments bought a new stake in iShares Russell 1000 Value ETF during the second quarter worth about $28,000. C M Bidwell & Associates Ltd. purchased a new stake in iShares Russell 1000 Value ETF in the second quarter worth about $30,000. Finally, Cornerstone National Bank & Trust Co purchased a new stake in iShares Russell 1000 Value ETF in the third quarter worth about $30,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $257.45 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $199.79 and a fifty-two week high of $267.24. The firm’s 50-day simple moving average is $254.98 and its two-hundred day simple moving average is $239.16. The stock has a market cap of $82.83 billion, a PE ratio of 18.83 and a beta of 0.84.

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). 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.