Foster & Motley Inc. Acquires New Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Foster & Motley Inc. acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 7,162 shares of the exchange traded fund’s stock, valued at approximately $1,359,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Benchmark Financial Wealth Advisors LLC lifted its stake in iShares Russell 1000 Value ETF by 25.5% in the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 3,873 shares of the exchange traded fund’s stock valued at $735,000 after purchasing an additional 787 shares during the last quarter. Catalina Capital Group LLC lifted its stake in iShares Russell 1000 Value ETF by 4.4% in the 3rd quarter. Catalina Capital Group LLC now owns 3,307 shares of the exchange traded fund’s stock valued at $628,000 after purchasing an additional 140 shares during the last quarter. HMS Capital Management LLC lifted its stake in iShares Russell 1000 Value ETF by 1.2% in the 3rd quarter. HMS Capital Management LLC now owns 38,799 shares of the exchange traded fund’s stock valued at $7,364,000 after purchasing an additional 477 shares during the last quarter. JFG Wealth Management LLC lifted its stake in iShares Russell 1000 Value ETF by 71.3% in the 3rd quarter. JFG Wealth Management LLC now owns 11,494 shares of the exchange traded fund’s stock valued at $2,182,000 after purchasing an additional 4,786 shares during the last quarter. Finally, Falcon Wealth Planning bought a new position in iShares Russell 1000 Value ETF in the 3rd quarter valued at approximately $207,000.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $194.84 on Thursday. The company has a market cap of $61.03 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The firm has a 50 day simple moving average of $188.77 and a 200 day simple moving average of $181.23. iShares Russell 1000 Value ETF has a one year low of $148.63 and a one year high of $195.16.

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).