Brown Miller Wealth Management LLC Acquires Shares of 5,769 iShares Russell 1000 Value ETF $IWD

Brown Miller Wealth Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 5,769 shares of the exchange traded fund’s stock, valued at approximately $1,213,000.

Other large investors have also added to or reduced their stakes in the company. Private Wealth Management Group LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 328.3% in the 4th quarter. Private Wealth Management Group LLC now owns 1,028 shares of the exchange traded fund’s stock worth $216,000 after purchasing an additional 788 shares in the last quarter. Capital Investment Counsel Inc bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth $100,000. Smith Moore & CO. increased its holdings in shares of iShares Russell 1000 Value ETF by 1.2% in the 4th quarter. Smith Moore & CO. now owns 21,500 shares of the exchange traded fund’s stock worth $4,522,000 after purchasing an additional 249 shares in the last quarter. Kelsey Financial LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth $12,914,000. Finally, Cambiar Investors LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 26.9% in the 4th quarter. Cambiar Investors LLC now owns 177,191 shares of the exchange traded fund’s stock worth $37,270,000 after purchasing an additional 37,606 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $221.85 on Monday. The firm has a market cap of $72.94 billion, a price-to-earnings ratio of 18.83 and a beta of 0.85. The stock has a fifty day simple moving average of $219.49 and a two-hundred day simple moving average of $212.75. iShares Russell 1000 Value ETF has a 12 month low of $171.13 and a 12 month high of $226.39.

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.