WealthBridge Capital Management LLC Grows Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

WealthBridge Capital Management LLC grew its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 21.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,947 shares of the exchange traded fund’s stock after purchasing an additional 518 shares during the quarter. WealthBridge Capital Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $546,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IWD. Allspring Global Investments Holdings LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 2.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 48,086 shares of the exchange traded fund’s stock valued at $9,127,000 after purchasing an additional 1,071 shares during the period. Northwest Investment Counselors LLC purchased a new stake in iShares Russell 1000 Value ETF in the third quarter worth $44,000. Foundations Investment Advisors LLC lifted its stake in iShares Russell 1000 Value ETF by 13.6% in the third quarter. Foundations Investment Advisors LLC now owns 3,438 shares of the exchange traded fund’s stock worth $653,000 after acquiring an additional 412 shares during the period. Eastern Bank lifted its stake in iShares Russell 1000 Value ETF by 274.9% in the third quarter. Eastern Bank now owns 32,988 shares of the exchange traded fund’s stock worth $6,261,000 after acquiring an additional 24,189 shares during the period. Finally, Greenleaf Trust lifted its stake in iShares Russell 1000 Value ETF by 61.5% in the third quarter. Greenleaf Trust now owns 8,187 shares of the exchange traded fund’s stock worth $1,554,000 after acquiring an additional 3,117 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.3 %

Shares of IWD stock opened at $196.21 on Thursday. The stock has a fifty day moving average of $190.16 and a 200 day moving average of $189.56. iShares Russell 1000 Value ETF has a 52 week low of $167.96 and a 52 week high of $200.42. The firm has a market capitalization of $61.46 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).