TPG Financial Advisors LLC Raises Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

TPG Financial Advisors LLC increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 24,044 shares of the exchange traded fund’s stock after purchasing an additional 505 shares during the period. iShares Russell 1000 Value ETF accounts for 1.9% of TPG Financial Advisors LLC’s investment portfolio, making the stock its 19th largest holding. TPG Financial Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $4,451,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWD. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter worth approximately $32,000. Nemes Rush Group LLC increased its position in iShares Russell 1000 Value ETF by 382.1% in the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after purchasing 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 valued at $43,000 after purchasing an additional 193 shares in the last quarter. Northwest Investment Counselors LLC bought a new position in iShares Russell 1000 Value ETF during the third quarter valued at $44,000. Finally, Howe & Rusling Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 144.1% in the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 147 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.9 %

iShares Russell 1000 Value ETF stock opened at $185.22 on Tuesday. iShares Russell 1000 Value ETF has a twelve month low of $160.98 and a twelve month high of $200.42. The company’s 50-day moving average price is $191.57 and its 200-day moving average price is $186.82. The company has a market cap of $58.02 billion, a PE 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).