Winthrop Advisory Group LLC Buys 1,229 Shares of iShares Russell 1000 Value ETF $IWD

Winthrop Advisory Group LLC increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.0% during the 2nd quarter, Holdings Channel reports. The firm owned 18,835 shares of the exchange traded fund’s stock after purchasing an additional 1,229 shares during the quarter. Winthrop Advisory Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,658,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of IWD. Truvestments Capital LLC bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth approximately $25,000. GKV Capital Management Co. Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the first quarter worth approximately $27,000. RMG Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF in the second quarter worth approximately $33,000. Creative Capital Management Investments LLC purchased a new stake in iShares Russell 1000 Value ETF in the first quarter worth approximately $38,000. Finally, Valley Wealth Managers Inc. boosted its stake 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 worth $40,000 after buying an additional 92 shares in the last quarter. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $204.54 on Wednesday. The firm has a market cap of $64.59 billion, a P/E ratio of 18.83 and a beta of 0.95. The stock has a 50 day simple moving average of $200.42 and a two-hundred day simple moving average of $192.12. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $206.01.

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).