36,141 Shares of iShares Russell 1000 Value ETF $IWD Bought by Sowell Financial Services LLC

by · The Cerbat Gem

Sowell Financial Services LLC bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 36,141 shares of the exchange traded fund’s stock, valued at approximately $8,960,000.

A number of other large investors have also modified their holdings of the stock. Retirement Wealth Solutions LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 11.5% during the 2nd quarter. Retirement Wealth Solutions LLC now owns 377 shares of the exchange traded fund’s stock valued at $91,000 after buying an additional 39 shares during the period. Robinson Value Management Ltd. lifted its stake in shares of iShares Russell 1000 Value ETF by 0.8% in the third quarter. Robinson Value Management Ltd. now owns 4,818 shares of the exchange traded fund’s stock worth $1,195,000 after acquiring an additional 39 shares in the last quarter. Simplicity Wealth LLC raised its position in shares of iShares Russell 1000 Value ETF by 0.3% in the 1st quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock valued at $3,426,000 after purchasing an additional 44 shares in the last quarter. Falcon Wealth Planning raised its holdings in iShares Russell 1000 Value ETF by 3.9% in the first quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock valued at $257,000 after acquiring an additional 45 shares in the last quarter. Finally, Members Wealth LLC grew its stake in iShares Russell 1000 Value ETF by 3.6% in the first quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock worth $301,000 after purchasing an additional 46 shares in the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $257.70 on Wednesday. The stock has a market capitalization of $84.32 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1-year low of $199.79 and a 1-year high of $260.19. The company’s fifty day moving average is $254.62 and its two-hundred day moving average is $244.28.

iShares Russell 1000 Value ETF Company Profile

(Free Report)

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.

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