Bernard Wealth Management Corp. Makes New $92,000 Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Bernard Wealth Management Corp. purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 497 shares of the exchange traded fund’s stock, valued at approximately $92,000.

A number of other institutional investors and hedge funds have also made changes to their positions in IWD. FMR LLC increased its holdings in iShares Russell 1000 Value ETF by 4.0% in the 4th quarter. FMR LLC now owns 9,268,989 shares of the exchange traded fund’s stock valued at $1,715,968,000 after purchasing an additional 354,694 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares Russell 1000 Value ETF by 7.8% during the fourth quarter. JPMorgan Chase & Co. now owns 9,252,043 shares of the exchange traded fund’s stock worth $1,712,831,000 after buying an additional 671,710 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 21.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,877,198 shares of the exchange traded fund’s stock valued at $1,458,306,000 after buying an additional 1,400,086 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of iShares Russell 1000 Value ETF by 36.6% in the 4th quarter. Wells Fargo & Company MN now owns 6,284,015 shares of the exchange traded fund’s stock valued at $1,163,360,000 after buying an additional 1,683,297 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter worth about $972,637,000.

iShares Russell 1000 Value ETF Price Performance

Shares of iShares Russell 1000 Value ETF stock opened at $169.17 on Tuesday. The stock has a market capitalization of $55.63 billion, a price-to-earnings ratio of 19.48 and a beta of 0.90. The business has a 50-day moving average of $189.89 and a 200 day moving average of $190.62. iShares Russell 1000 Value ETF has a 12 month low of $163.19 and a 12 month high of $200.42.

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).