Steel Grove Capital Advisors LLC Invests $930,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Steel Grove Capital Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, HoldingsChannel reports. The fund acquired 5,025 shares of the exchange traded fund’s stock, valued at approximately $930,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IWD. Rialto Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $676,000. Rebalance LLC grew its position in iShares Russell 1000 Value ETF by 0.7% in the fourth quarter. Rebalance LLC now owns 42,010 shares of the exchange traded fund’s stock worth $7,777,000 after acquiring an additional 306 shares in the last quarter. Wedmont Private Capital increased 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 purchasing an additional 1,351 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in iShares Russell 1000 Value ETF by 18,440.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock worth $77,881,000 after purchasing an additional 418,414 shares in the last quarter. Finally, Private Portfolio Partners LLC increased its position in iShares Russell 1000 Value ETF by 1.6% during the fourth quarter. Private Portfolio Partners LLC now owns 5,132 shares of the exchange traded fund’s stock worth $950,000 after buying an additional 80 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $172.90 on Tuesday. The stock has a market capitalization of $57.47 billion, a P/E ratio of 18.54 and a beta of 0.90. The business has a 50-day moving average of $185.38 and a two-hundred day moving average of $189.42. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two 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).