Diversified Portfolios Inc. Boosts Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Diversified Portfolios Inc. increased its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 24,473 shares of the exchange traded fund’s stock after buying an additional 436 shares during the quarter. Diversified Portfolios Inc.’s holdings in iShares Russell 1000 Value ETF were worth $4,605,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rialto Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $676,000. Rebalance LLC grew its stake 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. Private Portfolio Partners LLC grew its stake in shares of iShares Russell 1000 Value ETF by 1.6% in the 4th 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. Smartleaf Asset Management LLC grew its stake in shares of iShares Russell 1000 Value ETF by 29.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,023 shares of the exchange traded fund’s stock worth $189,000 after buying an additional 232 shares during the last quarter. Finally, Ironsides Asset Advisors LLC grew its stake in shares of iShares Russell 1000 Value ETF by 0.5% in the 4th quarter. Ironsides Asset Advisors LLC now owns 14,439 shares of the exchange traded fund’s stock worth $2,673,000 after buying an additional 74 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.2%

iShares Russell 1000 Value ETF stock opened at $189.42 on Monday. The company has a market capitalization of $60.82 billion, a P/E ratio of 19.08 and a beta of 0.90. The stock’s 50 day moving average is $185.71 and its 200 day moving average is $187.46. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $200.42.

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).