McGlone Suttner Wealth Management Inc. Invests $2.48 Million in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

McGlone Suttner Wealth Management Inc. purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 13,385 shares of the exchange traded fund’s stock, valued at approximately $2,478,000. iShares Russell 1000 Value ETF accounts for about 0.4% of McGlone Suttner Wealth Management Inc.’s holdings, making the stock its 26th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWD. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the third quarter worth $32,000. Nemes Rush Group LLC grew its position in shares of iShares Russell 1000 Value ETF by 382.1% during the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 149 shares during the last quarter. Carmichael Hill & Associates Inc. raised its stake in iShares Russell 1000 Value ETF by 536.1% during the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 193 shares during the period. Northwest Investment Counselors LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at approximately $44,000. Finally, Howe & Rusling Inc. raised its position in shares of iShares Russell 1000 Value ETF by 144.1% during the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 147 shares during the period.

iShares Russell 1000 Value ETF Stock Up 0.7 %

iShares Russell 1000 Value ETF stock opened at $193.95 on Friday. The firm has a 50-day moving average price of $191.07 and a two-hundred day moving average price of $187.56. The firm has a market capitalization of $60.75 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52-week low of $163.99 and a 52-week high of $200.42.

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).