Financial Perspectives Inc Raises Position in iShares Russell 1000 Value ETF $IWD

Financial Perspectives Inc grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 178.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 242 shares of the exchange traded fund’s stock after purchasing an additional 155 shares during the period. Financial Perspectives Inc’s holdings in iShares Russell 1000 Value ETF were worth $47,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Canvas Wealth Advisors LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 40.9% during the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,630 shares of the exchange traded fund’s stock valued at $918,000 after purchasing an additional 1,345 shares during the last quarter. Schnieders Capital Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 39.1% during the 2nd quarter. Schnieders Capital Management LLC now owns 3,876 shares of the exchange traded fund’s stock valued at $753,000 after purchasing an additional 1,089 shares during the last quarter. WBH Advisory Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 174.8% during the 2nd quarter. WBH Advisory Inc. now owns 3,234 shares of the exchange traded fund’s stock valued at $628,000 after purchasing an additional 2,057 shares during the last quarter. Balboa Wealth Partners purchased a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at $1,112,000. Finally, Calamos Wealth Management LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 26.1% during the 2nd quarter. Calamos Wealth Management LLC now owns 7,752 shares of the exchange traded fund’s stock valued at $1,506,000 after purchasing an additional 1,605 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.5%

Shares of IWD opened at $202.84 on Monday. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $206.01. The stock has a fifty day moving average price of $201.66 and a 200-day moving average price of $192.98. The firm has a market cap of $64.15 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).