Granite Bay Wealth Management LLC Invests $294,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Granite Bay Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,586 shares of the exchange traded fund’s stock, valued at approximately $294,000.

A number of other institutional investors also recently bought and sold shares of IWD. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at $32,000. Nemes Rush Group LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 382.1% during the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 149 shares during the period. Carmichael Hill & Associates Inc. grew its holdings in iShares Russell 1000 Value ETF by 536.1% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 193 shares during the last quarter. Northwest Investment Counselors LLC purchased a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth about $44,000. Finally, Howe & Rusling Inc. lifted its stake in iShares Russell 1000 Value ETF by 144.1% in the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $185.22 on Tuesday. The firm has a market capitalization of $58.02 billion, a PE ratio of 17.81 and a beta of 0.77. The business has a 50 day simple moving average of $191.57 and a two-hundred day simple moving average of $186.82. iShares Russell 1000 Value ETF has a 1 year low of $160.98 and a 1 year 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).