Rehmann Capital Advisory Group Purchases 13,056 Shares of iShares Russell 1000 Value ETF $IWD

Rehmann Capital Advisory Group boosted its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 49.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,225 shares of the exchange traded fund’s stock after buying an additional 13,056 shares during the quarter. Rehmann Capital Advisory Group’s holdings in iShares Russell 1000 Value ETF were worth $8,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in IWD. Reyes Financial Architecture Inc. bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth $25,000. IFC & Insurance Marketing Inc. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at about $28,000. Holos Integrated Wealth LLC bought a new position in iShares Russell 1000 Value ETF during the fourth quarter worth about $31,000. Grand Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $31,000. Finally, Heritage Wealth Advisors bought a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $31,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $242.18 on Friday. The firm’s 50 day moving average is $233.52 and its 200 day moving average is $222.62. The stock has a market capitalization of $77.79 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 12 month low of $188.55 and a 12 month high of $245.51.

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). 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.