Cornerstone Wealth Group LLC Has $411,000 Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cornerstone Wealth Group LLC raised its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 11.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,165 shares of the exchange traded fund’s stock after acquiring an additional 224 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $411,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Tandem Capital Management Corp ADV purchased a new stake in iShares Russell 1000 Value ETF in the 3rd quarter worth about $200,000. SteelPeak Wealth LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 4.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 1,430 shares of the exchange traded fund’s stock valued at $271,000 after purchasing an additional 57 shares during the period. Diversify Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the third quarter worth approximately $951,000. Mycio Wealth Partners LLC boosted its holdings in shares of iShares Russell 1000 Value ETF by 25.8% during the third quarter. Mycio Wealth Partners LLC now owns 12,076 shares of the exchange traded fund’s stock worth $2,292,000 after purchasing an additional 2,476 shares during the period. Finally, Golden State Equity Partners purchased a new position in iShares Russell 1000 Value ETF during the third quarter valued at approximately $275,000.

iShares Russell 1000 Value ETF Stock Performance

iShares Russell 1000 Value ETF stock opened at $187.68 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $145.00 and a twelve month high of $193.77. The firm has a market cap of $58.79 billion, a PE ratio of 17.81 and a beta of 0.77. The firm’s 50 day moving average price is $188.45 and its two-hundred day moving average price is $180.60.

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).