Winthrop Advisory Group LLC Has $3.66 Million Position in iShares Russell 1000 Value ETF $IWD

Winthrop Advisory Group LLC boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,835 shares of the exchange traded fund’s stock after purchasing an additional 1,229 shares during the quarter. Winthrop Advisory Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,658,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Penobscot Investment Management Company Inc. increased its position in shares of iShares Russell 1000 Value ETF by 4.6% during the second quarter. Penobscot Investment Management Company Inc. now owns 1,250 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 55 shares during the period. Warner Financial Inc. increased its position in shares of iShares Russell 1000 Value ETF by 1.6% during the second quarter. Warner Financial Inc. now owns 3,578 shares of the exchange traded fund’s stock valued at $695,000 after buying an additional 58 shares during the period. InvesTrust increased its position in shares of iShares Russell 1000 Value ETF by 0.6% during the second quarter. InvesTrust now owns 10,331 shares of the exchange traded fund’s stock valued at $2,007,000 after buying an additional 59 shares during the period. U.S. Capital Wealth Advisors LLC increased its position in shares of iShares Russell 1000 Value ETF by 0.6% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 10,150 shares of the exchange traded fund’s stock valued at $1,971,000 after buying an additional 59 shares during the period. Finally, Armstrong Advisory Group Inc. increased its position in shares of iShares Russell 1000 Value ETF by 3.0% during the second quarter. Armstrong Advisory Group Inc. now owns 2,115 shares of the exchange traded fund’s stock valued at $411,000 after buying an additional 61 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.3%

Shares of IWD opened at $204.54 on Wednesday. The business’s 50-day moving average price is $200.42 and its 200-day moving average price is $192.12. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $206.01. The stock has a market cap of $64.59 billion, a PE ratio of 18.83 and a beta of 0.95.

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).