New Century Financial Group LLC Makes New Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

New Century Financial Group LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, according to its most recent filing with the SEC. The firm purchased 1,249 shares of the exchange traded fund’s stock, valued at approximately $237,000.

Several other institutional investors have also modified their holdings of IWD. Proathlete Wealth Management LLC raised its stake in shares of iShares Russell 1000 Value ETF by 11.7% during the 3rd quarter. Proathlete Wealth Management LLC now owns 55,568 shares of the exchange traded fund’s stock worth $10,548,000 after buying an additional 5,840 shares during the last quarter. Resonant Capital Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at about $206,000. Alta Wealth Advisors LLC raised its position in iShares Russell 1000 Value ETF by 1.9% during the third quarter. Alta Wealth Advisors LLC now owns 24,928 shares of the exchange traded fund’s stock worth $4,731,000 after acquiring an additional 457 shares during the last quarter. Cahaba Wealth Management Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 6.7% in the third quarter. Cahaba Wealth Management Inc. now owns 13,644 shares of the exchange traded fund’s stock valued at $2,590,000 after purchasing an additional 860 shares in the last quarter. Finally, Raymond James & Associates grew its position in shares of iShares Russell 1000 Value ETF by 0.6% in the third quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock valued at $695,872,000 after purchasing an additional 22,295 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $191.91 on Tuesday. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $193.77. The stock has a market cap of $60.12 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The firm has a 50 day simple moving average of $187.21 and a 200-day simple moving average of $179.86.

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).