Delap Wealth Advisory LLC Makes New Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Delap Wealth Advisory LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,629 shares of the exchange traded fund’s stock, valued at approximately $302,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Stevens Capital Partners raised its position in iShares Russell 1000 Value ETF by 16.9% in the fourth quarter. Stevens Capital Partners now owns 1,408 shares of the exchange traded fund’s stock worth $261,000 after acquiring an additional 204 shares during the period. Forvis Mazars Wealth Advisors LLC lifted its position in iShares Russell 1000 Value ETF by 8.6% during the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 6,736 shares of the exchange traded fund’s stock valued at $1,247,000 after purchasing an additional 534 shares during the last quarter. Lansing Street Advisors bought a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at $240,000. Arbor Investment Advisors LLC lifted its holdings in shares of iShares Russell 1000 Value ETF by 0.8% in the 4th quarter. Arbor Investment Advisors LLC now owns 39,235 shares of the exchange traded fund’s stock worth $7,263,000 after acquiring an additional 330 shares during the last quarter. Finally, Marshall Investment Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth about $52,000.

iShares Russell 1000 Value ETF Price Performance

Shares of IWD opened at $192.64 on Friday. The firm has a market capitalization of $60.34 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The company has a 50-day moving average of $190.23 and a 200 day moving average of $189.83. iShares Russell 1000 Value ETF has a 1-year low of $168.85 and a 1-year high of $200.42.

iShares Russell 1000 Value ETF Company 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).