Atlantic Edge Private Wealth Management LLC Boosts Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Atlantic Edge Private Wealth Management LLC lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 492.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 326 shares of the exchange traded fund’s stock after purchasing an additional 271 shares during the period. Atlantic Edge Private Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $60,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IWD. Massachusetts Financial Services Co. MA raised its stake in iShares Russell 1000 Value ETF by 13.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock worth $24,748,000 after buying an additional 14,966 shares in the last quarter. Strategic Financial Concepts LLC increased its position in shares of iShares Russell 1000 Value ETF by 18,440.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock valued at $77,881,000 after acquiring an additional 418,414 shares in the last quarter. Wedmont Private Capital increased its position in shares of iShares Russell 1000 Value ETF by 49.5% during the fourth quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock valued at $750,000 after acquiring an additional 1,351 shares in the last quarter. Widmann Financial Services Inc. increased its position in shares of iShares Russell 1000 Value ETF by 2.0% during the third quarter. Widmann Financial Services Inc. now owns 28,552 shares of the exchange traded fund’s stock valued at $5,419,000 after acquiring an additional 561 shares in the last quarter. Finally, Embree Financial Group boosted its holdings in iShares Russell 1000 Value ETF by 1.4% in the fourth quarter. Embree Financial Group now owns 6,433 shares of the exchange traded fund’s stock worth $1,191,000 after purchasing an additional 86 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Up 0.2 %

Shares of IWD stock opened at $193.69 on Tuesday. iShares Russell 1000 Value ETF has a 12-month low of $164.34 and a 12-month high of $200.42. The firm’s 50 day moving average is $190.39 and its 200 day moving average is $188.88. The stock has a market capitalization of $60.67 billion, a P/E ratio of 17.81 and a beta of 0.77.

About iShares Russell 1000 Value ETF

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).