Tanglewood Wealth Management Inc. Takes Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Tanglewood Wealth Management Inc. bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,057 shares of the exchange traded fund’s stock, valued at approximately $201,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IWD. Advisor Resource Council boosted its stake in shares of iShares Russell 1000 Value ETF by 18.2% in the first quarter. Advisor Resource Council now owns 1,694 shares of the exchange traded fund’s stock valued at $286,000 after buying an additional 261 shares in the last quarter. Consolidated Portfolio Review Corp acquired a new stake in shares of iShares Russell 1000 Value ETF in the first quarter worth $216,000. Diversify Advisory Services LLC acquired a new position in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $210,000. Sequoia Financial Advisors LLC increased its position in shares of iShares Russell 1000 Value ETF by 1.3% during the first quarter. Sequoia Financial Advisors LLC now owns 21,744 shares of the exchange traded fund’s stock worth $3,895,000 after acquiring an additional 277 shares during the last quarter. Finally, McCarthy & Cox acquired a new stake in iShares Russell 1000 Value ETF in the first quarter valued at $409,000.

iShares Russell 1000 Value ETF Stock Down 0.2 %

Shares of IWD stock opened at $188.80 on Thursday. iShares Russell 1000 Value ETF has a 52 week low of $145.00 and a 52 week high of $193.77. The business has a 50 day moving average of $188.37 and a two-hundred day moving average of $180.55. The company has a market cap of $59.14 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).