Ellenbecker Investment Group Grows Position in iShares Russell 1000 Value ETF $IWD

Ellenbecker Investment Group grew its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 9.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 146,737 shares of the exchange traded fund’s stock after buying an additional 12,375 shares during the period. iShares Russell 1000 Value ETF accounts for about 4.2% of Ellenbecker Investment Group’s portfolio, making the stock its 7th biggest holding. Ellenbecker Investment Group’s holdings in iShares Russell 1000 Value ETF were worth $31,353,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWD. Reyes Financial Architecture Inc. acquired a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. bought a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at $28,000. MBM Wealth Consultants LLC acquired a new stake in iShares Russell 1000 Value ETF during the 1st quarter valued at $29,000. Holos Integrated Wealth LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at $31,000. Finally, Grand Wealth Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the 4th quarter valued at $31,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $242.43 on Wednesday. The company has a fifty day moving average price of $236.09 and a two-hundred day moving average price of $224.34. iShares Russell 1000 Value ETF has a one year low of $191.64 and a one year high of $245.71. The stock has a market cap of $77.87 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

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.