Forte Asset Management LLC Boosts Stock Holdings in iShares Russell 1000 Value ETF $IWD

Forte Asset Management LLC grew its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,574 shares of the exchange traded fund’s stock after purchasing an additional 2,117 shares during the quarter. iShares Russell 1000 Value ETF makes up about 2.7% of Forte Asset Management LLC’s portfolio, making the stock its 14th biggest holding. Forte Asset Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $5,356,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at approximately $25,000. GKV Capital Management Co. Inc. purchased a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at approximately $27,000. Advantage Trust Co purchased a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $29,000. RMG Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF during the 2nd quarter valued at approximately $33,000. Finally, Valley Wealth Managers Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 78.0% during the 1st quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock valued at $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

iShares Russell 1000 Value ETF stock opened at $206.30 on Friday. The company’s fifty day moving average price is $202.40 and its 200 day moving average price is $194.09. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $206.87. The stock has a market capitalization of $65.53 billion, a P/E ratio of 18.83 and a beta of 0.95.

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).