World Equity Group Inc. Purchases 1,582 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

World Equity Group Inc. boosted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 100.0% during the 4th quarter, HoldingsChannel reports. The fund owned 3,164 shares of the exchange traded fund’s stock after buying an additional 1,582 shares during the quarter. World Equity Group Inc.’s holdings in iShares Russell 1000 Value ETF were worth $586,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWD. Allspring Global Investments Holdings LLC increased its stake in iShares Russell 1000 Value ETF by 2.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 48,086 shares of the exchange traded fund’s stock valued at $9,127,000 after acquiring an additional 1,071 shares during the period. Silver Oak Securities Incorporated boosted its holdings in iShares Russell 1000 Value ETF by 2,595.4% during the third quarter. Silver Oak Securities Incorporated now owns 3,531 shares of the exchange traded fund’s stock valued at $668,000 after purchasing an additional 3,400 shares in the last quarter. Convergence Financial LLC acquired a new stake in iShares Russell 1000 Value ETF during the third quarter valued at approximately $202,000. Allworth Financial LP boosted its holdings in iShares Russell 1000 Value ETF by 0.4% during the third quarter. Allworth Financial LP now owns 33,358 shares of the exchange traded fund’s stock valued at $6,331,000 after purchasing an additional 143 shares in the last quarter. Finally, Bristlecone Advisors LLC boosted its holdings in iShares Russell 1000 Value ETF by 21.7% during the third quarter. Bristlecone Advisors LLC now owns 3,920 shares of the exchange traded fund’s stock valued at $744,000 after purchasing an additional 700 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Down 1.4 %

NYSEARCA IWD opened at $192.64 on Monday. The stock’s 50 day moving average is $190.23 and its two-hundred day moving average is $189.93. The company has a market capitalization of $60.34 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-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).