Confluence Wealth Services Inc. Acquires 5,192 Shares of iShares Russell 1000 Value ETF $IWD

Confluence Wealth Services Inc. boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 17.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 34,901 shares of the exchange traded fund’s stock after acquiring an additional 5,192 shares during the period. Confluence Wealth Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $7,341,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in IWD. Brighton Jones LLC raised its stake in iShares Russell 1000 Value ETF by 8.9% in the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock valued at $6,787,000 after acquiring an additional 2,981 shares during the period. Bison Wealth LLC grew its holdings in iShares Russell 1000 Value ETF by 13.9% in the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after buying an additional 502 shares in the last quarter. Schnieders Capital Management LLC. grew its holdings in iShares Russell 1000 Value ETF by 39.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 3,876 shares of the exchange traded fund’s stock valued at $753,000 after buying an additional 1,089 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at $3,847,000. Finally, Sei Investments Co. grew its holdings in iShares Russell 1000 Value ETF by 12.7% in the 2nd quarter. Sei Investments Co. now owns 32,275 shares of the exchange traded fund’s stock valued at $6,269,000 after buying an additional 3,637 shares in the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $226.55 on Thursday. The stock’s fifty day moving average price is $219.87 and its two-hundred day moving average price is $213.92. iShares Russell 1000 Value ETF has a one year low of $177.87 and a one year high of $228.46. The firm has a market cap of $73.09 billion, a price-to-earnings ratio of 18.83 and a beta of 0.85.

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.