Concord Investment Counsel Inc. Purchases New Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Concord Investment Counsel Inc. acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,619 shares of the exchange traded fund’s stock, valued at approximately $290,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Harbour Investments Inc. raised its position in shares of iShares Russell 1000 Value ETF by 3.7% during the 3rd quarter. Harbour Investments Inc. now owns 4,769 shares of the exchange traded fund’s stock valued at $724,000 after acquiring an additional 172 shares in the last quarter. OLD National Bancorp IN grew its holdings in shares of iShares Russell 1000 Value ETF by 0.5% during the third quarter. OLD National Bancorp IN now owns 22,078 shares of the exchange traded fund’s stock valued at $3,352,000 after purchasing an additional 103 shares during the last quarter. Allen Mooney & Barnes Investment Advisors LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 3rd quarter worth approximately $265,000. EP Wealth Advisors LLC boosted its position in iShares Russell 1000 Value ETF by 333.4% during the 3rd quarter. EP Wealth Advisors LLC now owns 82,642 shares of the exchange traded fund’s stock valued at $12,547,000 after purchasing an additional 63,573 shares during the period. Finally, Modera Wealth Management LLC grew its stake in iShares Russell 1000 Value ETF by 0.3% during the 3rd quarter. Modera Wealth Management LLC now owns 480,754 shares of the exchange traded fund’s stock worth $72,988,000 after buying an additional 1,493 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.9 %

IWD stock traded up $1.65 during mid-day trading on Friday, reaching $179.19. The company had a trading volume of 610,462 shares, compared to its average volume of 1,820,773. iShares Russell 1000 Value ETF has a one year low of $143.34 and a one year high of $179.56. The stock has a market capitalization of $56.13 billion, a P/E ratio of 17.81 and a beta of 0.77. The stock’s 50-day simple moving average is $175.45 and its two-hundred day simple moving average is $171.96.

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).