Independent Advisor Alliance Acquires 17,581 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Independent Advisor Alliance grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1,367.1% during the fourth quarter, Holdings Channel reports. The firm owned 18,867 shares of the exchange traded fund’s stock after purchasing an additional 17,581 shares during the period. Independent Advisor Alliance’s holdings in iShares Russell 1000 Value ETF were worth $3,493,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Greenwood Gearhart Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 1.7% during the 3rd quarter. Greenwood Gearhart Inc. now owns 3,212 shares of the exchange traded fund’s stock valued at $610,000 after purchasing an additional 54 shares in the last quarter. Signature Wealth Management Partners LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 4.7% during the 4th quarter. Signature Wealth Management Partners LLC now owns 1,223 shares of the exchange traded fund’s stock valued at $226,000 after purchasing an additional 55 shares in the last quarter. PBMares Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 2.4% during the 4th quarter. PBMares Wealth Management LLC now owns 2,378 shares of the exchange traded fund’s stock valued at $440,000 after purchasing an additional 55 shares in the last quarter. Bedel Financial Consulting Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 1.3% during the 4th quarter. Bedel Financial Consulting Inc. now owns 4,404 shares of the exchange traded fund’s stock valued at $856,000 after purchasing an additional 57 shares in the last quarter. Finally, Global Trust Asset Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 3.0% during the 4th quarter. Global Trust Asset Management LLC now owns 2,257 shares of the exchange traded fund’s stock valued at $418,000 after purchasing an additional 66 shares in the last quarter.

iShares Russell 1000 Value ETF Trading Down 0.4 %

iShares Russell 1000 Value ETF stock opened at $183.97 on Thursday. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year high of $200.42. The firm’s fifty day simple moving average is $191.18 and its 200-day simple moving average is $190.66. The company has a market capitalization of $59.17 billion, a P/E ratio of 19.81 and a beta of 0.98.

iShares Russell 1000 Value ETF Company 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).