Tassel Capital Management Inc. Takes $992,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Tassel Capital Management Inc. purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,360 shares of the exchange traded fund’s stock, valued at approximately $992,000. iShares Russell 1000 Value ETF comprises approximately 0.9% of Tassel Capital Management Inc.’s investment portfolio, making the stock its 11th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in IWD. Peterson Wealth Services bought a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at $32,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth about $32,000. Hantz Financial Services Inc. bought a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at about $35,000. Centricity Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth about $46,000. Finally, Howe & Rusling Inc. raised its position in iShares Russell 1000 Value ETF by 144.1% in the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 147 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.6 %

IWD opened at $189.67 on Monday. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42. The company’s 50-day moving average price is $191.17 and its two-hundred day moving average price is $190.69. The stock has a market cap of $61.01 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98.

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).