Fortitude Family Office LLC Makes New $1.08 Million Investment in iShares Russell 1000 Value ETF $IWD

Fortitude Family Office LLC bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,300 shares of the exchange traded fund’s stock, valued at approximately $1,079,000.

Other institutional investors have also added to or reduced their stakes in the company. Private Wealth Management Group LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $49,000. Institute for Wealth Management LLC. boosted its holdings in iShares Russell 1000 Value ETF by 13.2% in the 3rd quarter. Institute for Wealth Management LLC. now owns 3,097 shares of the exchange traded fund’s stock valued at $630,000 after purchasing an additional 362 shares during the period. Archford Capital Strategies LLC grew its position in shares of iShares Russell 1000 Value ETF by 1.5% during the 3rd quarter. Archford Capital Strategies LLC now owns 3,665 shares of the exchange traded fund’s stock worth $746,000 after purchasing an additional 55 shares in the last quarter. Everpar Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $243,000. Finally, Total Wealth Planning LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 29.8% during the third quarter. Total Wealth Planning LLC now owns 30,910 shares of the exchange traded fund’s stock worth $6,293,000 after purchasing an additional 7,100 shares during the period. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Trading Down 0.2%

Shares of IWD stock opened at $212.04 on Tuesday. The stock has a market cap of $67.45 billion, a P/E ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $213.53. The stock has a 50 day simple moving average of $207.39 and a 200 day simple moving average of $201.70.

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.