Wise Wealth Partners Boosts Holdings in iShares Russell 1000 Value ETF $IWD

Wise Wealth Partners raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 104.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,534 shares of the exchange traded fund’s stock after purchasing an additional 2,311 shares during the period. iShares Russell 1000 Value ETF accounts for 1.5% of Wise Wealth Partners’ investment portfolio, making the stock its 15th biggest position. Wise Wealth Partners’ holdings in iShares Russell 1000 Value ETF were worth $881,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the first quarter worth $25,000. GKV Capital Management Co. Inc. purchased a new position in iShares Russell 1000 Value ETF during the first quarter worth about $27,000. RMG Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter worth about $33,000. Creative Capital Management Investments LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 1st quarter valued at about $38,000. Finally, Valley Wealth Managers Inc. boosted its position in shares of iShares Russell 1000 Value ETF by 78.0% during the 1st quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 92 shares during the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Trading Up 0.1%

Shares of NYSEARCA IWD opened at $205.22 on Tuesday. The business has a 50-day moving average of $200.29 and a 200-day moving average of $192.03. The firm has a market capitalization of $64.81 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $206.01.

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).