Perfromance Wealth Partners LLC Acquires 650 Shares of iShares Russell 1000 Value ETF $IWD

Perfromance Wealth Partners LLC increased its stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 26.1% in the second quarter, Holdings Channel.com reports. The fund owned 3,141 shares of the exchange traded fund’s stock after purchasing an additional 650 shares during the period. Perfromance Wealth Partners LLC’s holdings in iShares Russell 1000 Value ETF were worth $610,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter worth approximately $25,000. GKV Capital Management Co. Inc. bought a new stake in iShares Russell 1000 Value ETF during the first quarter valued at about $27,000. RMG Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at about $33,000. Creative Capital Management Investments LLC acquired a new stake in iShares Russell 1000 Value ETF in the first quarter worth about $38,000. Finally, Valley Wealth Managers Inc. boosted its stake in iShares Russell 1000 Value ETF by 78.0% in the 1st quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 92 shares in the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $201.57 on Tuesday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $206.01. The stock has a market cap of $63.67 billion, a P/E ratio of 18.83 and a beta of 0.95. The stock has a 50-day moving average of $201.02 and a two-hundred day moving average of $192.52.

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).