Frederick Financial Consultants LLC Acquires New Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Frederick Financial Consultants LLC bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, HoldingsChannel.com reports. The firm bought 6,737 shares of the exchange traded fund’s stock, valued at approximately $1,247,000. iShares Russell 1000 Value ETF makes up 1.0% of Frederick Financial Consultants LLC’s portfolio, making the stock its 24th largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Signature Wealth Management Partners LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 4.7% during the 4th quarter. Signature Wealth Management Partners LLC now owns 1,223 shares of the exchange traded fund’s stock worth $226,000 after purchasing an additional 55 shares during the last quarter. PBMares Wealth Management LLC raised its holdings in iShares Russell 1000 Value ETF by 2.4% in the fourth quarter. PBMares Wealth Management LLC now owns 2,378 shares of the exchange traded fund’s stock worth $440,000 after purchasing an additional 55 shares in the last quarter. Bedel Financial Consulting Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 1.3% during the fourth quarter. Bedel Financial Consulting Inc. now owns 4,404 shares of the exchange traded fund’s stock valued at $856,000 after buying an additional 57 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc boosted its holdings in shares of iShares Russell 1000 Value ETF by 1.2% in the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 5,294 shares of the exchange traded fund’s stock valued at $980,000 after buying an additional 63 shares in the last quarter. Finally, Global Trust Asset Management LLC grew its position in shares of iShares Russell 1000 Value ETF by 3.0% in the 4th quarter. Global Trust Asset Management LLC now owns 2,257 shares of the exchange traded fund’s stock worth $418,000 after buying an additional 66 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

iShares Russell 1000 Value ETF stock opened at $176.32 on Friday. The business has a fifty day moving average price of $186.14 and a 200-day moving average price of $189.61. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $200.42. The stock has a market capitalization of $57.98 billion, a price-to-earnings ratio of 19.48 and a beta of 0.90.

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).