Lake Street Advisors Group LLC Grows Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Lake Street Advisors Group LLC grew its holdings in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 100.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 4,636 shares of the exchange traded fund’s stock after buying an additional 2,328 shares during the period. Lake Street Advisors Group LLC’s holdings in iShares Russell 1000 Value ETF were worth $830,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IWD. Partnership Wealth Management LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at about $28,000. CarsonAllaria Wealth Management Ltd. grew its holdings in iShares Russell 1000 Value ETF by 84.4% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 177 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 81 shares in the last quarter. Access Investment Management LLC bought a new stake in iShares Russell 1000 Value ETF in the 4th quarter worth approximately $30,000. Concord Wealth Partners raised its holdings in shares of iShares Russell 1000 Value ETF by 70.4% during the 1st quarter. Concord Wealth Partners now owns 167 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 69 shares in the last quarter. Finally, HHM Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 60.2% in the fourth quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 71 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Up 1.0 %

IWD traded up $1.77 during trading hours on Thursday, reaching $180.59. 765,232 shares of the company’s stock traded hands, compared to its average volume of 1,818,325. The firm has a 50-day moving average price of $176.25 and a 200 day moving average price of $172.97. iShares Russell 1000 Value ETF has a 52-week low of $143.34 and a 52-week high of $183.99. The firm has a market capitalization of $56.57 billion, a PE 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).