Circle Wealth Management LLC Grows Stock Position in iShares Russell 1000 Value ETF $IWD

Circle Wealth Management LLC lifted its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 10.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 672,633 shares of the exchange traded fund’s stock after purchasing an additional 65,000 shares during the quarter. iShares Russell 1000 Value ETF accounts for about 2.2% of Circle Wealth Management LLC’s holdings, making the stock its 8th largest position. Circle Wealth Management LLC owned about 0.22% of iShares Russell 1000 Value ETF worth $141,482,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sax Wealth Advisors LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 0.5% in the fourth quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock worth $2,013,000 after purchasing an additional 49 shares during the period. Cibc World Market Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 3.1% in the fourth quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock worth $346,000 after purchasing an additional 49 shares during the period. Capital Advantage Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 0.9% in the fourth quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 51 shares during the period. Tortoise Investment Management LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 2.5% in the third quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock worth $458,000 after purchasing an additional 54 shares during the period. Finally, Greenwood Gearhart Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 1.8% in the third quarter. Greenwood Gearhart Inc. now owns 3,215 shares of the exchange traded fund’s stock worth $655,000 after purchasing an additional 57 shares during the period. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $242.13 on Friday. The stock has a market cap of $77.77 billion, a P/E ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a fifty-two week low of $188.55 and a fifty-two week high of $243.00. The firm’s fifty day moving average price is $231.02 and its 200-day moving average price is $221.41.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.