Essential Planning LLC. Makes New $8.28 Million Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Essential Planning LLC. acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, Holdings Channel reports. The firm acquired 43,163 shares of the exchange traded fund’s stock, valued at approximately $8,276,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWD. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $32,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $32,000. Hantz Financial Services Inc. bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $35,000. Centricity Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $46,000. Finally, Howe & Rusling Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 144.1% in the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Down 1.2 %

Shares of NYSEARCA IWD opened at $184.67 on Wednesday. iShares Russell 1000 Value ETF has a twelve month low of $168.85 and a twelve month high of $200.42. The company has a market capitalization of $59.40 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98. The business has a 50 day simple moving average of $191.20 and a 200-day simple moving average of $190.71.

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).