CWA Asset Management Group LLC Makes New Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

CWA Asset Management Group LLC bought a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,466 shares of the exchange traded fund’s stock, valued at approximately $658,000.

Several other institutional investors have also recently made changes to their positions in IWD. Objectivity Squared LLC boosted its stake in iShares Russell 1000 Value ETF by 6.6% during the second quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock worth $9,440,000 after acquiring an additional 3,215 shares in the last quarter. Raymond James & Associates grew its stake in shares of iShares Russell 1000 Value ETF by 0.3% in the 2nd quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after buying an additional 11,960 shares during the last quarter. Bank of New York Mellon Corp increased its position in iShares Russell 1000 Value ETF by 8.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock valued at $151,194,000 after buying an additional 70,330 shares in the last quarter. Empowered Funds LLC bought a new position in iShares Russell 1000 Value ETF during the 1st quarter valued at approximately $290,000. Finally, Lake Hills Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the third quarter valued at $271,000.

iShares Russell 1000 Value ETF Trading Up 0.6 %

NYSEARCA IWD opened at $196.44 on Tuesday. The stock has a market cap of $61.53 billion, a P/E ratio of 17.81 and a beta of 0.77. The stock’s fifty day moving average price is $189.06 and its 200-day moving average price is $181.60. iShares Russell 1000 Value ETF has a 12 month low of $149.68 and a 12 month high of $197.21.

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).