Horst & Graben Wealth Management LLC Boosts Stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Horst & Graben Wealth Management LLC raised its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 13.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,563 shares of the exchange traded fund’s stock after acquiring an additional 191 shares during the period. Horst & Graben Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $297,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of iShares Russell 1000 Value ETF by 0.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,320,932 shares of the exchange traded fund’s stock valued at $1,102,813,000 after buying an additional 37,236 shares in the last quarter. Raymond James & Associates lifted its position in iShares Russell 1000 Value ETF by 0.6% in the 3rd quarter. Raymond James & Associates now owns 3,666,344 shares of the exchange traded fund’s stock worth $695,872,000 after buying an additional 22,295 shares during the last quarter. LPL Financial LLC boosted its stake in iShares Russell 1000 Value ETF by 2.5% in the second quarter. LPL Financial LLC now owns 3,270,780 shares of the exchange traded fund’s stock worth $570,653,000 after buying an additional 80,301 shares in the last quarter. Cetera Investment Advisers grew its position in 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 valued at $219,055,000 after acquiring an additional 756,464 shares during the last quarter. Finally, Stairway Partners LLC grew its position in iShares Russell 1000 Value ETF by 13.9% during the third quarter. Stairway Partners LLC now owns 1,192,974 shares of the exchange traded fund’s stock valued at $226,426,000 after acquiring an additional 145,967 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $191.91 on Tuesday. iShares Russell 1000 Value ETF has a fifty-two week low of $143.34 and a fifty-two week high of $193.77. The firm has a market cap of $60.12 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. The firm has a 50 day moving average price of $187.21 and a 200-day moving average price of $179.86.

iShares Russell 1000 Value ETF Company 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).