Sowell Financial Services LLC Increases Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Sowell Financial Services LLC boosted its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 23.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,848 shares of the exchange traded fund’s stock after purchasing an additional 7,458 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares Russell 1000 Value ETF were worth $7,192,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IWD. QRG Capital Management Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 19.2% in the third quarter. QRG Capital Management Inc. now owns 6,205 shares of the exchange traded fund’s stock valued at $1,178,000 after acquiring an additional 1,000 shares in the last quarter. CWA Asset Management Group LLC purchased a new position in iShares Russell 1000 Value ETF in the 3rd quarter valued at $658,000. SpiderRock Advisors LLC boosted its stake in iShares Russell 1000 Value ETF by 26.7% during the 3rd quarter. SpiderRock Advisors LLC now owns 8,138 shares of the exchange traded fund’s stock worth $1,545,000 after purchasing an additional 1,717 shares during the last quarter. Holistic Planning LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 12.3% during the third quarter. Holistic Planning LLC now owns 4,973 shares of the exchange traded fund’s stock worth $944,000 after buying an additional 544 shares in the last quarter. Finally, Applied Finance Capital Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $1,996,000.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $189.67 on Friday. The firm has a market capitalization of $61.01 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98. The company’s 50 day simple moving average is $191.17 and its two-hundred day simple moving average is $190.65. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year high of $200.42.

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).