Sandy Cove Advisors LLC Invests $264,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Sandy Cove Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWDFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,735 shares of the exchange traded fund’s stock, valued at approximately $264,000.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its stake in iShares Russell 1000 Value ETF by 14.6% in the first quarter. Bank of New York Mellon Corp now owns 1,109,157 shares of the exchange traded fund’s stock valued at $168,880,000 after buying an additional 141,337 shares during the last quarter. Edmond DE Rothschild Holding S.A. lifted its stake in iShares Russell 1000 Value ETF by 24.4% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 2,921 shares of the exchange traded fund’s stock valued at $443,000 after buying an additional 572 shares during the last quarter. Advisor Resource Council lifted its stake in iShares Russell 1000 Value ETF by 18.9% in the first quarter. Advisor Resource Council now owns 6,784 shares of the exchange traded fund’s stock valued at $1,035,000 after buying an additional 1,078 shares during the last quarter. Rebalance LLC lifted its stake in iShares Russell 1000 Value ETF by 0.5% in the first quarter. Rebalance LLC now owns 28,933 shares of the exchange traded fund’s stock valued at $4,405,000 after buying an additional 145 shares during the last quarter. Finally, FineMark National Bank & Trust purchased a new stake in iShares Russell 1000 Value ETF in the first quarter valued at approximately $287,000.

iShares Russell 1000 Value ETF Trading Up 0.1 %

Shares of NYSEARCA IWD opened at $157.55 on Friday. iShares Russell 1000 Value ETF has a twelve month low of $134.09 and a twelve month high of $164.18. The stock has a 50 day moving average of $159.47 and a two-hundred day moving average of $154.75. The stock has a market cap of $50.32 billion, a P/E ratio of 13.53 and a beta of 0.95.

iShares Russell 1000 Value ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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