Beacon Investment Advisory Services Inc. Acquires Shares of 3,782 iShares Russell 1000 Value ETF $IWD

Beacon Investment Advisory Services Inc. acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,782 shares of the exchange traded fund’s stock, valued at approximately $735,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWD. Brighton Jones LLC raised its stake in iShares Russell 1000 Value ETF by 8.9% in the fourth quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after buying an additional 2,981 shares during the period. Bison Wealth LLC grew its position in shares of iShares Russell 1000 Value ETF by 13.9% in the fourth quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 502 shares during the last quarter. Ameriflex Group Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $29,000. Mascagni Wealth Management Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $362,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of iShares Russell 1000 Value ETF by 62.4% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 4,250 shares of the exchange traded fund’s stock valued at $800,000 after purchasing an additional 1,633 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.5%

iShares Russell 1000 Value ETF stock opened at $201.29 on Friday. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $204.02. The stock’s 50 day moving average is $199.41 and its 200-day moving average is $191.10. The company has a market capitalization of $63.53 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95.

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).