Facet Wealth Inc. Takes Position in iShares Russell 1000 Value ETF $IWD

Facet Wealth Inc. bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,323 shares of the exchange traded fund’s stock, valued at approximately $259,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Penobscot Investment Management Company Inc. lifted its stake in iShares Russell 1000 Value ETF by 4.6% in the second quarter. Penobscot Investment Management Company Inc. now owns 1,250 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 55 shares during the last quarter. Warner Financial Inc. raised its position in iShares Russell 1000 Value ETF by 1.6% in the 2nd quarter. Warner Financial Inc. now owns 3,578 shares of the exchange traded fund’s stock valued at $695,000 after purchasing an additional 58 shares during the last quarter. InvesTrust raised its position in iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. InvesTrust now owns 10,331 shares of the exchange traded fund’s stock valued at $2,007,000 after purchasing an additional 59 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its position in iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 10,150 shares of the exchange traded fund’s stock valued at $1,971,000 after purchasing an additional 59 shares during the last quarter. Finally, Armstrong Advisory Group Inc. raised its position in iShares Russell 1000 Value ETF by 3.0% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 2,115 shares of the exchange traded fund’s stock valued at $411,000 after purchasing an additional 61 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $207.50 on Tuesday. The company has a 50-day simple moving average of $202.58 and a 200-day simple moving average of $194.39. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $207.58. The stock has a market capitalization of $65.94 billion, a price-to-earnings ratio of 18.83 and a beta of 0.89.

iShares Russell 1000 Value ETF Company 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).