PUREfi Wealth LLC Makes New Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

PUREfi Wealth LLC acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,846 shares of the exchange traded fund’s stock, valued at approximately $342,000.

A number of other hedge funds also recently modified their holdings of IWD. Raymond James & Associates lifted its position in shares of iShares Russell 1000 Value ETF by 0.6% during the 3rd quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock worth $695,872,000 after buying an additional 22,295 shares during the period. LPL Financial LLC lifted its position in shares of iShares Russell 1000 Value ETF by 0.7% during the 3rd quarter. LPL Financial LLC now owns 3,293,977 shares of the exchange traded fund’s stock worth $625,197,000 after buying an additional 23,197 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 0.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,247,266 shares of the exchange traded fund’s stock worth $616,331,000 after buying an additional 10,304 shares during the period. Synovus Financial Corp lifted its position in shares of iShares Russell 1000 Value ETF by 1.2% during the 3rd quarter. Synovus Financial Corp now owns 2,848,914 shares of the exchange traded fund’s stock worth $540,724,000 after buying an additional 34,700 shares during the period. Finally, Stifel Financial Corp lifted its position in shares of iShares Russell 1000 Value ETF by 3.8% during the 3rd quarter. Stifel Financial Corp now owns 1,947,425 shares of the exchange traded fund’s stock worth $369,623,000 after buying an additional 70,612 shares during the period.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $194.48 on Friday. The business has a fifty day moving average price of $190.10 and a 200 day moving average price of $189.13. iShares Russell 1000 Value ETF has a fifty-two week low of $167.43 and a fifty-two week high of $200.42. The stock has a market capitalization of $60.92 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).