Bruce G. Allen Investments LLC Grows Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Bruce G. Allen Investments LLC boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 8,139 shares of the exchange traded fund’s stock after buying an additional 183 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 1.2% of Bruce G. Allen Investments LLC’s investment portfolio, making the stock its 11th biggest holding. Bruce G. Allen Investments LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,507,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Eagle Bay Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF during the third quarter worth about $32,000. Nemes Rush Group LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 382.1% during the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 149 shares in the last quarter. HHM Wealth Advisors LLC boosted its position in iShares Russell 1000 Value ETF by 31.7% during the 2nd quarter. HHM Wealth Advisors LLC now owns 249 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 60 shares during the period. Carmichael Hill & Associates Inc. increased its holdings in iShares Russell 1000 Value ETF by 536.1% in the 3rd 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. Finally, Northwest Investment Counselors LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the third quarter worth about $44,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock traded down $2.78 during trading hours on Friday, reaching $183.45. The company had a trading volume of 4,051,233 shares, compared to its average volume of 2,796,027. The company has a market capitalization of $57.47 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a twelve month low of $160.98 and a twelve month high of $200.42. The stock’s fifty day simple moving average is $191.70 and its 200 day simple moving average is $186.53.

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).