iShares Russell 1000 Value ETF (NYSEARCA:IWD) Shares Purchased by Forum Financial Management LP

Forum Financial Management LP grew its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 14,970 shares of the exchange traded fund’s stock after purchasing an additional 285 shares during the quarter. Forum Financial Management LP’s holdings in iShares Russell 1000 Value ETF were worth $2,771,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of IWD. Frederick Financial Consultants LLC acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at about $1,247,000. Cadence Bank grew its stake in shares of iShares Russell 1000 Value ETF by 4.0% in the fourth quarter. Cadence Bank now owns 4,572 shares of the exchange traded fund’s stock worth $846,000 after purchasing an additional 176 shares in the last quarter. Capital Group Private Client Services Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 26.9% during the fourth quarter. Capital Group Private Client Services Inc. now owns 4,330 shares of the exchange traded fund’s stock valued at $802,000 after purchasing an additional 918 shares during the period. Capital International Investors raised its stake in shares of iShares Russell 1000 Value ETF by 236.1% during the fourth quarter. Capital International Investors now owns 12,651 shares of the exchange traded fund’s stock valued at $2,336,000 after purchasing an additional 8,887 shares in the last quarter. Finally, Alexis Investment Partners LLC acquired a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth about $926,000.

iShares Russell 1000 Value ETF Trading Up 0.3 %

IWD stock opened at $176.32 on Friday. The firm’s 50-day moving average is $186.14 and its two-hundred day moving average is $189.61. The company 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 has a 52 week low of $163.19 and a 52 week high of $200.42.

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).