Moran Wealth Management LLC Takes $4.34 Million Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Moran Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 23,456 shares of the exchange traded fund’s stock, valued at approximately $4,342,000.

Other large investors have also recently modified their holdings of the company. Peterson Wealth Services purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $32,000. Halbert Hargrove Global Advisors LLC purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $32,000. Hantz Financial Services Inc. purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $35,000. Centricity Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $46,000. Finally, Howe & Rusling Inc. increased its stake in iShares Russell 1000 Value ETF by 144.1% in the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 147 shares during the period.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $186.89 on Tuesday. The business’s 50 day simple moving average is $191.21 and its two-hundred day simple moving average is $190.72. The stock has a market capitalization of $60.11 billion, a P/E ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a one year low of $168.85 and a one year high of $200.42.

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).