Proactive Wealth Strategies LLC Acquires New Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Proactive Wealth Strategies LLC acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,316 shares of the exchange traded fund’s stock, valued at approximately $250,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWD. Envestnet Asset Management Inc. raised its position in iShares Russell 1000 Value ETF by 0.6% during the second quarter. Envestnet Asset Management Inc. now owns 6,320,932 shares of the exchange traded fund’s stock worth $1,102,813,000 after acquiring an additional 37,236 shares during the last quarter. Raymond James & Associates raised its position in iShares Russell 1000 Value ETF by 0.6% during the third quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock worth $695,872,000 after acquiring an additional 22,295 shares during the last quarter. LPL Financial LLC raised its position in iShares Russell 1000 Value ETF by 2.5% during the second quarter. LPL Financial LLC now owns 3,270,780 shares of the exchange traded fund’s stock worth $570,653,000 after acquiring an additional 80,301 shares during the last quarter. International Assets Investment Management LLC raised its position in iShares Russell 1000 Value ETF by 20,632.6% during the third quarter. International Assets Investment Management LLC now owns 1,407,533 shares of the exchange traded fund’s stock worth $267,150,000 after acquiring an additional 1,400,744 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of iShares Russell 1000 Value ETF by 162.1% during the first quarter. Cetera Investment Advisers now owns 1,223,017 shares of the exchange traded fund’s stock worth $219,055,000 after buying an additional 756,464 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $196.44 on Tuesday. iShares Russell 1000 Value ETF has a 1 year low of $149.68 and a 1 year high of $197.21. The firm’s 50 day moving average price is $189.22 and its 200 day moving average price is $181.76. The firm has a market cap of $61.53 billion, a P/E 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).