Total Wealth Planning LLC Boosts Holdings in iShares Russell 1000 Value ETF $IWD

Total Wealth Planning LLC increased its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 29.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 30,910 shares of the exchange traded fund’s stock after buying an additional 7,100 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 0.7% of Total Wealth Planning LLC’s portfolio, making the stock its 28th largest position. Total Wealth Planning LLC’s holdings in iShares Russell 1000 Value ETF were worth $6,293,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IWD. Cahaba Wealth Management Inc. raised its position in iShares Russell 1000 Value ETF by 3.6% in the third quarter. Cahaba Wealth Management Inc. now owns 13,596 shares of the exchange traded fund’s stock valued at $2,768,000 after purchasing an additional 476 shares during the period. Perigon Wealth Management LLC increased its position in shares of iShares Russell 1000 Value ETF by 0.9% during the 3rd quarter. Perigon Wealth Management LLC now owns 22,013 shares of the exchange traded fund’s stock worth $4,482,000 after purchasing an additional 193 shares during the last quarter. Sowell Financial Services LLC raised its holdings in iShares Russell 1000 Value ETF by 4.1% in the 3rd quarter. Sowell Financial Services LLC now owns 33,370 shares of the exchange traded fund’s stock valued at $6,794,000 after buying an additional 1,313 shares during the period. BankPlus Trust Department lifted its position in iShares Russell 1000 Value ETF by 3.4% in the third quarter. BankPlus Trust Department now owns 3,477 shares of the exchange traded fund’s stock valued at $708,000 after buying an additional 114 shares during the last quarter. Finally, NovaPoint Capital LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter worth about $393,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $212.45 on Friday. The firm has a 50-day simple moving average of $207.25 and a two-hundred day simple moving average of $201.49. The stock has a market cap of $67.58 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1-year low of $163.19 and a 1-year high of $213.53.

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). 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.