Resonant Capital Advisors LLC Makes New $206,000 Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Resonant Capital Advisors LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,087 shares of the exchange traded fund’s stock, valued at approximately $206,000.

Several other hedge funds have also made changes to their positions in IWD. Cetera Investment Advisers raised its stake in iShares Russell 1000 Value ETF by 162.1% in the first quarter. Cetera Investment Advisers now owns 1,223,017 shares of the exchange traded fund’s stock worth $219,055,000 after buying an additional 756,464 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 17,863.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 414,955 shares of the exchange traded fund’s stock worth $724,000 after purchasing an additional 412,645 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 31.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,122,375 shares of the exchange traded fund’s stock worth $195,821,000 after purchasing an additional 269,405 shares during the last quarter. Stairway Partners LLC boosted its position in iShares Russell 1000 Value ETF by 13.9% during the third quarter. Stairway Partners LLC now owns 1,192,974 shares of the exchange traded fund’s stock valued at $226,426,000 after purchasing an additional 145,967 shares in the last quarter. Finally, Bridges Investment Management Inc. grew its stake in iShares Russell 1000 Value ETF by 49.9% in the second quarter. Bridges Investment Management Inc. now owns 359,316 shares of the exchange traded fund’s stock valued at $62,690,000 after purchasing an additional 119,594 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

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

iShares Russell 1000 Value ETF Company 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).