Apollon Wealth Management LLC Buys 2,905 Shares of iShares Russell 1000 Value ETF $IWD

Apollon Wealth Management LLC lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 21.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,645 shares of the exchange traded fund’s stock after acquiring an additional 2,905 shares during the period. Apollon Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $3,501,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Arkadios Wealth Advisors raised its position in shares of iShares Russell 1000 Value ETF by 25.4% in the 3rd quarter. Arkadios Wealth Advisors now owns 73,261 shares of the exchange traded fund’s stock worth $14,915,000 after acquiring an additional 14,842 shares in the last quarter. Americana Partners LLC raised its position in shares of iShares Russell 1000 Value ETF by 78.9% in the 3rd quarter. Americana Partners LLC now owns 170,599 shares of the exchange traded fund’s stock worth $34,732,000 after acquiring an additional 75,256 shares in the last quarter. 1ST Source Bank raised its position in shares of iShares Russell 1000 Value ETF by 1.3% in the 3rd quarter. 1ST Source Bank now owns 686,114 shares of the exchange traded fund’s stock worth $139,686,000 after acquiring an additional 8,737 shares in the last quarter. Cullen Frost Bankers Inc. raised its position in shares of iShares Russell 1000 Value ETF by 0.8% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 379,841 shares of the exchange traded fund’s stock worth $77,332,000 after acquiring an additional 2,894 shares in the last quarter. Finally, Apella Capital LLC raised its position in shares of iShares Russell 1000 Value ETF by 64.1% in the 3rd quarter. Apella Capital LLC now owns 73,272 shares of the exchange traded fund’s stock worth $14,789,000 after acquiring an additional 28,614 shares in the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $221.85 on Monday. The stock has a 50-day moving average price of $219.49 and a 200-day moving average price of $212.75. iShares Russell 1000 Value ETF has a 1-year low of $171.13 and a 1-year high of $226.39. The firm has a market cap of $72.94 billion, a PE ratio of 18.83 and a beta of 0.85.

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.