FSA Wealth Partners Inc. Makes New Investment in iShares Russell 1000 Value ETF $IWD

FSA Wealth Partners Inc. purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 129,244 shares of the exchange traded fund’s stock, valued at approximately $32,043,000. iShares Russell 1000 Value ETF comprises about 8.7% of FSA Wealth Partners Inc.’s holdings, making the stock its 3rd largest holding.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Retirement Wealth Solutions LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 11.5% during the 2nd quarter. Retirement Wealth Solutions LLC now owns 377 shares of the exchange traded fund’s stock worth $91,000 after acquiring an additional 39 shares during the last quarter. Robinson Value Management Ltd. grew its position in iShares Russell 1000 Value ETF by 0.8% in the third quarter. Robinson Value Management Ltd. now owns 4,818 shares of the exchange traded fund’s stock worth $1,195,000 after acquiring an additional 39 shares in the last quarter. Simplicity Wealth LLC grew its position in iShares Russell 1000 Value ETF by 0.3% in the first quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock worth $3,426,000 after acquiring an additional 44 shares in the last quarter. Members Wealth LLC grew its position in iShares Russell 1000 Value ETF by 3.6% in the first quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock worth $301,000 after acquiring an additional 46 shares in the last quarter. Finally, Grant Street Asset Management Inc. increased its stake in iShares Russell 1000 Value ETF by 0.4% in the first quarter. Grant Street Asset Management Inc. now owns 12,762 shares of the exchange traded fund’s stock valued at $2,727,000 after acquiring an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.4%

IWD opened at $258.35 on Tuesday. The business’s fifty day simple moving average is $254.63 and its 200 day simple moving average is $237.06. iShares Russell 1000 Value ETF has a 52 week low of $199.79 and a 52 week high of $260.19. The stock has a market cap of $84.53 billion, a PE ratio of 18.83 and a beta of 0.84.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.