Tandem Financial LLC Acquires New Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Tandem Financial LLC acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 36,879 shares of the exchange traded fund’s stock, valued at approximately $6,827,000. iShares Russell 1000 Value ETF makes up about 7.3% of Tandem Financial LLC’s holdings, making the stock its 4th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $32,000. Hantz Financial Services Inc. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth $35,000. Carmichael Hill & Associates Inc. grew its holdings in iShares Russell 1000 Value ETF by 536.1% in the third 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 acquired a new stake in iShares Russell 1000 Value ETF in the third quarter valued at $44,000. Finally, Howe & Rusling Inc. increased its position in shares of 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 valued at $47,000 after buying an additional 147 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Down 0.0 %

iShares Russell 1000 Value ETF stock opened at $194.41 on Friday. The firm has a market capitalization of $60.90 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52 week low of $164.34 and a 52 week high of $200.42. The firm’s 50-day simple moving average is $190.62 and its 200 day simple moving average is $188.62.

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).