Northern Financial Advisors Inc Purchases Shares of 1,134 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Northern Financial Advisors Inc purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,134 shares of the exchange traded fund’s stock, valued at approximately $215,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Objectivity Squared LLC grew its holdings in iShares Russell 1000 Value ETF by 6.6% in the 2nd quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock valued at $9,440,000 after buying an additional 3,215 shares during the period. Raymond James & Associates grew its holdings in shares of iShares Russell 1000 Value ETF by 0.3% during the 2nd quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after purchasing an additional 11,960 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of iShares Russell 1000 Value ETF by 8.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock worth $151,194,000 after purchasing an additional 70,330 shares during the period. Empowered Funds LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter worth about $290,000. Finally, Lake Hills Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth about $271,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $187.75 on Friday. iShares Russell 1000 Value ETF has a 1 year low of $148.00 and a 1 year high of $193.77. The stock has a market capitalization of $58.81 billion, a P/E ratio of 17.81 and a beta of 0.77. The stock has a 50-day simple moving average of $188.49 and a 200-day simple moving average of $180.80.

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).