Dana Investment Advisors Inc. Makes New $389,000 Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Dana Investment Advisors Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,451 shares of the exchange traded fund’s stock, valued at approximately $389,000.

Several other institutional investors and hedge funds have also recently modified their holdings of IWD. Red Door Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the second quarter valued at $26,000. Regency Capital Management Inc. DE acquired a new position in shares of iShares Russell 1000 Value ETF during the first quarter valued at $27,000. Arete Wealth Advisors LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 71.9% during the second quarter. Arete Wealth Advisors LLC now owns 20,791 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 8,696 shares during the period. PNC Managed Account Solutions Inc. acquired a new position in shares of iShares Russell 1000 Value ETF during the second quarter valued at $65,000. Finally, Institutional & Family Asset Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 300.8% during the first quarter. Institutional & Family Asset Management LLC now owns 489 shares of the exchange traded fund’s stock valued at $74,000 after acquiring an additional 367 shares during the period.

Shares of IWD opened at $159.59 on Wednesday. iShares Russell 1000 Value ETF has a 12-month low of $113.57 and a 12-month high of $164.12. The stock’s fifty day simple moving average is $160.76 and its 200-day simple moving average is $157.84.

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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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