Security Financial Services INC. Takes Position in iShares Russell 1000 Value ETF $IWD

Security Financial Services INC. acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,329 shares of the exchange traded fund’s stock, valued at approximately $1,780,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWD. Glenmede Trust Co. NA raised its position in iShares Russell 1000 Value ETF by 29.7% in the first quarter. Glenmede Trust Co. NA now owns 79,251 shares of the exchange traded fund’s stock worth $16,934,000 after acquiring an additional 18,160 shares during the period. Wellington Grp LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 167.1% during the 1st quarter. Wellington Grp LLC now owns 1,039 shares of the exchange traded fund’s stock worth $222,000 after acquiring an additional 650 shares during the last quarter. Arete Wealth Advisors LLC grew its position in shares of iShares Russell 1000 Value ETF by 11.4% during the 1st quarter. Arete Wealth Advisors LLC now owns 47,462 shares of the exchange traded fund’s stock valued at $10,141,000 after acquiring an additional 4,839 shares during the period. FinArc Investments Inc. bought a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at $845,000. Finally, Front Row Advisors LLC increased its stake in shares of iShares Russell 1000 Value ETF by 19.8% in the 1st quarter. Front Row Advisors LLC now owns 3,228 shares of the exchange traded fund’s stock worth $690,000 after purchasing an additional 533 shares in the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA:IWD opened at $251.82 on Friday. iShares Russell 1000 Value ETF has a one year low of $191.64 and a one year high of $252.73. The business has a fifty day moving average price of $243.68 and a 200-day moving average price of $229.97. The firm has a market capitalization of $82.03 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

iShares Russell 1000 Value ETF Company 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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.