King Luther Capital Management Corp Takes $204,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

King Luther Capital Management Corp purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,076 shares of the exchange traded fund’s stock, valued at approximately $204,000.

Other institutional investors have also added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 3.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,834 shares of the exchange traded fund’s stock worth $348,000 after purchasing an additional 53 shares in the last quarter. Sigma Investment Counselors Inc. boosted its holdings in iShares Russell 1000 Value ETF by 0.9% in the third quarter. Sigma Investment Counselors Inc. now owns 6,005 shares of the exchange traded fund’s stock worth $1,140,000 after acquiring an additional 55 shares in the last quarter. Jaffetilchin Investment Partners LLC grew its stake in shares of iShares Russell 1000 Value ETF by 2.8% in the second quarter. Jaffetilchin Investment Partners LLC now owns 2,051 shares of the exchange traded fund’s stock worth $358,000 after acquiring an additional 56 shares during the last quarter. Farmers & Merchants Investments Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 0.8% during the third quarter. Farmers & Merchants Investments Inc. now owns 7,046 shares of the exchange traded fund’s stock valued at $1,337,000 after acquiring an additional 57 shares in the last quarter. Finally, SteelPeak Wealth LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 4.2% during the third quarter. SteelPeak Wealth LLC now owns 1,430 shares of the exchange traded fund’s stock valued at $271,000 after acquiring an additional 57 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $197.71 on Monday. iShares Russell 1000 Value ETF has a 1 year low of $155.30 and a 1 year high of $197.87. The firm’s 50-day moving average is $191.02 and its 200 day moving average is $183.12. The stock has a market cap of $61.93 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).