RiverFront Investment Group LLC Makes New $651,000 Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

RiverFront Investment Group LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, Holdings Channel.com reports. The firm purchased 3,518 shares of the exchange traded fund’s stock, valued at approximately $651,000.

Other large investors have also recently made changes to their positions in the company. Flagship Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $26,000. Peterson Wealth Services acquired a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth $32,000. Halbert Hargrove Global Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the 4th quarter worth $32,000. VSM Wealth Advisory LLC purchased a new position in iShares Russell 1000 Value ETF during the 4th quarter worth $34,000. Finally, Hantz Financial Services Inc. acquired a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at about $35,000.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $186.27 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $168.85 and a fifty-two week high of $200.42. The company has a market cap of $60.25 billion, a PE ratio of 19.31 and a beta of 0.97. The business has a 50-day simple moving average of $191.37 and a two-hundred day simple moving average of $190.82.

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).