Golden State Wealth Management LLC Makes New $425,000 Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Golden State Wealth Management 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 Form 13F filing with the Securities & Exchange Commission. The firm bought 2,296 shares of the exchange traded fund’s stock, valued at approximately $425,000.

A number of other institutional investors also recently modified their holdings of the business. International Assets Investment Management LLC boosted its holdings in iShares Russell 1000 Value ETF by 20,632.6% in the 3rd quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock valued at $267,150,000 after purchasing an additional 1,400,744 shares during the period. BNP Paribas Financial Markets raised its position in shares of iShares Russell 1000 Value ETF by 1,200,216.9% in the third quarter. BNP Paribas Financial Markets now owns 780,206 shares of the exchange traded fund’s stock valued at $148,083,000 after buying an additional 780,141 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 18,440.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after buying an additional 418,414 shares during the period. FSA Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the third quarter worth approximately $48,404,000. Finally, Kovitz Investment Group Partners LLC grew its position in iShares Russell 1000 Value ETF by 24.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 825,144 shares of the exchange traded fund’s stock worth $156,612,000 after buying an additional 162,971 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD opened at $193.25 on Friday. The business has a fifty day moving average price of $190.52 and a two-hundred day moving average price of $188.66. The stock has a market capitalization of $60.54 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a fifty-two week low of $164.34 and a fifty-two week high of $200.42.

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).