Builder Investment Group Inc. ADV Takes $200,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Builder Investment Group Inc. ADV purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 1,055 shares of the exchange traded fund’s stock, valued at approximately $200,000.

Several other institutional investors have also added to or reduced their stakes in IWD. Triad Wealth Partners LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at about $25,000. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the second quarter worth approximately $28,000. Concord Wealth Partners raised its stake in shares of iShares Russell 1000 Value ETF by 70.4% in the first quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 69 shares during the last quarter. Nemes Rush Group LLC raised its stake in shares of iShares Russell 1000 Value ETF by 382.1% in the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 149 shares during the last quarter. Finally, Family Firm Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the second quarter valued at approximately $37,000.

iShares Russell 1000 Value ETF Trading Down 0.9 %

Shares of IWD opened at $191.91 on Tuesday. The company has a market capitalization of $60.12 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The stock has a 50 day moving average of $187.21 and a 200 day moving average of $179.86. iShares Russell 1000 Value ETF has a 12 month low of $143.34 and a 12 month high of $193.77.

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).