Foster & Motley Inc. Boosts Stock Holdings in iShares Russell 1000 Value ETF $IWD

Foster & Motley Inc. boosted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 36.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 36,746 shares of the exchange traded fund’s stock after buying an additional 9,759 shares during the period. Foster & Motley Inc.’s holdings in iShares Russell 1000 Value ETF were worth $7,137,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Truvestments Capital LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the first quarter valued at approximately $25,000. GKV Capital Management Co. Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the first quarter valued at approximately $27,000. RMG Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the second quarter valued at approximately $33,000. Valley Wealth Managers Inc. lifted its holdings in iShares Russell 1000 Value ETF by 78.0% in the first quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 92 shares during the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new position in iShares Russell 1000 Value ETF in the first quarter valued at approximately $41,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $202.84 on Friday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $206.01. The stock has a market capitalization of $64.09 billion, a PE ratio of 18.83 and a beta of 0.95. The business’s 50 day moving average price is $201.66 and its 200 day moving average price is $192.87.

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).