AssuredPartners Investment Advisors LLC Makes New Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

AssuredPartners Investment Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 2,122 shares of the exchange traded fund’s stock, valued at approximately $393,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IWD. Greenwood Gearhart Inc. raised its stake in iShares Russell 1000 Value ETF by 1.7% in the 3rd quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock valued at $610,000 after acquiring an additional 54 shares during the period. Signature Wealth Management Partners LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 4.7% in the fourth quarter. Signature Wealth Management Partners LLC now owns 1,223 shares of the exchange traded fund’s stock valued at $226,000 after purchasing an additional 55 shares during the last quarter. PBMares Wealth Management LLC raised its position in shares of iShares Russell 1000 Value ETF by 2.4% in the fourth quarter. PBMares Wealth Management LLC now owns 2,378 shares of the exchange traded fund’s stock valued at $440,000 after purchasing an additional 55 shares during the period. Bedel Financial Consulting Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 1.3% during the 4th quarter. Bedel Financial Consulting Inc. now owns 4,404 shares of the exchange traded fund’s stock worth $856,000 after buying an additional 57 shares during the last quarter. Finally, Global Trust Asset Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 3.0% during the 4th quarter. Global Trust Asset Management LLC now owns 2,257 shares of the exchange traded fund’s stock worth $418,000 after buying an additional 66 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $186.27 on Friday. The firm’s 50-day simple moving average is $191.37 and its 200 day simple moving average is $190.78. The firm has a market cap of $60.25 billion, a P/E ratio of 19.31 and a beta of 0.97. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week high of $200.42.

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).