iShares Russell 1000 Value ETF (NYSEARCA:IWD) is First Business Financial Services Inc.’s 6th Largest Position

First Business Financial Services Inc. raised its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 287,455 shares of the exchange traded fund’s stock after buying an additional 1,052 shares during the period. iShares Russell 1000 Value ETF accounts for approximately 5.3% of First Business Financial Services Inc.’s investment portfolio, making the stock its 6th largest position. First Business Financial Services Inc.’s holdings in iShares Russell 1000 Value ETF were worth $53,217,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in IWD. Peterson Wealth Services purchased a new stake in iShares Russell 1000 Value ETF in the 4th quarter valued at $32,000. Halbert Hargrove Global Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at $32,000. Hantz Financial Services Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at $35,000. Centricity Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter valued at $46,000. Finally, Howe & Rusling Inc. lifted its stake in shares of iShares Russell 1000 Value ETF by 144.1% in the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.9 %

Shares of iShares Russell 1000 Value ETF stock opened at $190.33 on Thursday. iShares Russell 1000 Value ETF has a 52 week low of $168.85 and a 52 week high of $200.42. The business’s fifty day simple moving average is $191.09 and its 200-day simple moving average is $190.57. The firm has a market cap of $61.22 billion, a PE ratio of 19.81 and a beta of 0.98.

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).