Fortress Financial Group LLC Invests $2.43 Million in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Fortress Financial Group LLC bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 13,105 shares of the exchange traded fund’s stock, valued at approximately $2,426,000. iShares Russell 1000 Value ETF accounts for about 2.4% of Fortress Financial Group LLC’s portfolio, making the stock its 12th largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at about $32,000. Hantz Financial Services Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $35,000. Carmichael Hill & Associates Inc. lifted its holdings in iShares Russell 1000 Value ETF by 536.1% during the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 193 shares in the last quarter. Howe & Rusling Inc. grew its position in shares of iShares Russell 1000 Value ETF by 144.1% during the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 147 shares in the last quarter. Finally, Centricity Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at $46,000.

iShares Russell 1000 Value ETF Trading Down 0.3 %

Shares of IWD opened at $191.79 on Friday. iShares Russell 1000 Value ETF has a 12-month low of $168.85 and a 12-month high of $200.42. The firm has a market capitalization of $61.69 billion, a P/E ratio of 19.81 and a beta of 0.98. The firm has a fifty day moving average price of $190.69 and a 200-day moving average price of $190.17.

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).