PKS Advisory Services LLC Takes $735,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

PKS Advisory Services LLC acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,971 shares of the exchange traded fund’s stock, valued at approximately $735,000.

A number of other hedge funds also recently bought and sold shares of IWD. Rialto Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at about $676,000. Massachusetts Financial Services Co. MA boosted its holdings in shares of iShares Russell 1000 Value ETF by 13.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock valued at $24,748,000 after buying an additional 14,966 shares in the last quarter. Rebalance LLC grew its position in shares of iShares Russell 1000 Value ETF by 0.7% in the 4th quarter. Rebalance LLC now owns 42,010 shares of the exchange traded fund’s stock worth $7,777,000 after buying an additional 306 shares during the last quarter. Wedmont Private Capital raised its stake in shares of iShares Russell 1000 Value ETF by 49.5% during the 4th quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock worth $750,000 after acquiring an additional 1,351 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its position in iShares Russell 1000 Value ETF by 18,440.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after acquiring an additional 418,414 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Up 1.4 %

NYSEARCA IWD opened at $189.75 on Tuesday. The firm’s fifty day simple moving average is $191.44 and its two-hundred day simple moving average is $190.74. The firm has a market capitalization of $61.37 billion, a P/E ratio of 19.31 and a beta of 0.97. iShares Russell 1000 Value ETF has a 12-month low of $168.85 and a 12-month high of $200.42.

iShares Russell 1000 Value ETF Company 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).