Watershed Private Wealth LLC Invests $277,000 in iShares Russell 1000 Value ETF $IWD

Watershed Private Wealth LLC acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,426 shares of the exchange traded fund’s stock, valued at approximately $277,000.

A number of other institutional investors have also recently made changes to their positions in IWD. Penobscot Investment Management Company Inc. raised its stake in iShares Russell 1000 Value ETF by 4.6% in the 2nd quarter. Penobscot Investment Management Company Inc. now owns 1,250 shares of the exchange traded fund’s stock worth $243,000 after acquiring an additional 55 shares during the last quarter. Warner Financial Inc. raised its stake in iShares Russell 1000 Value ETF by 1.6% in the 2nd quarter. Warner Financial Inc. now owns 3,578 shares of the exchange traded fund’s stock worth $695,000 after acquiring an additional 58 shares during the last quarter. InvesTrust raised its stake in iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. InvesTrust now owns 10,331 shares of the exchange traded fund’s stock worth $2,007,000 after acquiring an additional 59 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its stake in iShares Russell 1000 Value ETF by 0.6% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 10,150 shares of the exchange traded fund’s stock worth $1,971,000 after acquiring an additional 59 shares during the last quarter. Finally, Armstrong Advisory Group Inc. raised its stake in iShares Russell 1000 Value ETF by 3.0% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 2,115 shares of the exchange traded fund’s stock worth $411,000 after acquiring an additional 61 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD stock opened at $204.54 on Wednesday. The firm has a market capitalization of $64.59 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The business has a fifty day moving average of $200.42 and a 200 day moving average of $192.12. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $206.01.

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).