Pillar Financial Advisors LLC Acquires Shares of 1,587 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Pillar Financial Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,587 shares of the exchange traded fund’s stock, valued at approximately $294,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Peterson Wealth Services bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $32,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $32,000. Hantz Financial Services Inc. bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $35,000. Centricity Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $46,000. Finally, Howe & Rusling Inc. raised its position in shares of iShares Russell 1000 Value ETF by 144.1% during the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.6 %

IWD stock opened at $189.67 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42. The business has a fifty day moving average of $191.17 and a 200-day moving average of $190.59. The company has a market cap of $61.01 billion, a P/E ratio of 19.81 and a beta of 0.98.

About iShares Russell 1000 Value ETF

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).