Mycio Wealth Partners LLC Makes New $2.16 Million Investment in iShares Russell 1000 Value ETF $IWD

Mycio Wealth Partners LLC acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,715 shares of the exchange traded fund’s stock, valued at approximately $2,161,000. iShares Russell 1000 Value ETF accounts for about 0.4% of Mycio Wealth Partners LLC’s portfolio, making the stock its 22nd largest holding.

A number of other large investors have also modified their holdings of IWD. Edgemoor Investment Advisors Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $621,000. M Holdings Securities Inc. acquired a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $1,212,000. Avantax Planning Partners Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $2,411,000. Brighton Jones LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $8,859,000. Finally, American State Bank Iowa lifted its position in shares of iShares Russell 1000 Value ETF by 16.7% during the 3rd quarter. American State Bank Iowa now owns 40,039 shares of the exchange traded fund’s stock valued at $9,927,000 after buying an additional 5,728 shares in the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $257.45 on Monday. The company’s fifty day moving average price is $254.98 and its 200 day moving average price is $239.16. iShares Russell 1000 Value ETF has a 1 year low of $199.79 and a 1 year high of $267.24. The stock has a market capitalization of $82.83 billion, a P/E ratio of 18.83 and a beta of 0.84.

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). 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.