Flagstar Advisors Inc. Has $5.41 Million Stock Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Flagstar Advisors Inc. raised its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 3.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 29,234 shares of the exchange traded fund’s stock after purchasing an additional 1,039 shares during the period. iShares Russell 1000 Value ETF makes up approximately 1.3% of Flagstar Advisors Inc.’s portfolio, making the stock its 21st biggest holding. Flagstar Advisors Inc.’s holdings in iShares Russell 1000 Value ETF were worth $5,412,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Eagle Bay Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $32,000. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at about $32,000. Hantz Financial Services Inc. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at about $35,000. Carmichael Hill & Associates Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 536.1% during the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 193 shares during the last quarter. Finally, Northwest Investment Counselors LLC bought a new position in iShares Russell 1000 Value ETF in the third quarter worth about $44,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $195.62 on Wednesday. The company has a 50 day simple moving average of $190.10 and a two-hundred day simple moving average of $189.51. iShares Russell 1000 Value ETF has a fifty-two week low of $167.96 and a fifty-two week high of $200.42. The company has a market capitalization of $61.28 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

iShares Russell 1000 Value ETF 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).