NovaPoint Capital LLC Purchases 8,465 Shares of iShares Russell 1000 Value ETF $IWD

NovaPoint Capital LLC boosted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 439.1% in the 4th quarter, HoldingsChannel reports. The firm owned 10,393 shares of the exchange traded fund’s stock after buying an additional 8,465 shares during the period. NovaPoint Capital LLC’s holdings in iShares Russell 1000 Value ETF were worth $2,186,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Sax Wealth Advisors LLC lifted its holdings in iShares Russell 1000 Value ETF by 0.5% during the 4th quarter. Sax Wealth Advisors LLC now owns 9,571 shares of the exchange traded fund’s stock valued at $2,013,000 after purchasing an additional 49 shares during the last quarter. SilverOak Wealth Management LLC lifted its holdings in iShares Russell 1000 Value ETF by 0.4% during the 3rd quarter. SilverOak Wealth Management LLC now owns 11,234 shares of the exchange traded fund’s stock valued at $2,287,000 after purchasing an additional 50 shares during the last quarter. Capital Advantage Inc. lifted its holdings in iShares Russell 1000 Value ETF by 0.9% during the 4th quarter. Capital Advantage Inc. now owns 5,850 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 51 shares during the last quarter. JFG Wealth Management LLC lifted its holdings in iShares Russell 1000 Value ETF by 0.4% during the 3rd quarter. JFG Wealth Management LLC now owns 12,218 shares of the exchange traded fund’s stock valued at $2,487,000 after purchasing an additional 53 shares during the last quarter. Finally, Tortoise Investment Management LLC lifted its holdings in iShares Russell 1000 Value ETF by 2.5% during the 3rd quarter. Tortoise Investment Management LLC now owns 2,251 shares of the exchange traded fund’s stock valued at $458,000 after purchasing an additional 54 shares during the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Up 0.5%

Shares of IWD stock opened at $216.61 on Tuesday. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $226.39. The company has a market capitalization of $70.70 billion, a P/E ratio of 18.83 and a beta of 0.89. The firm has a 50-day moving average price of $219.39 and a 200 day moving average price of $212.23.

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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.