Watts Gwilliam & Co. LLC Makes New Investment in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Watts Gwilliam & Co. LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, Holdings Channel.com reports. The firm bought 19,828 shares of the exchange traded fund’s stock, valued at approximately $3,738,000. iShares Russell 1000 Value ETF comprises about 0.8% of Watts Gwilliam & Co. LLC’s holdings, making the stock its 24th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Adirondack Trust Co. increased its holdings in shares of iShares Russell 1000 Value ETF by 19.7% in the third quarter. Adirondack Trust Co. now owns 4,687 shares of the exchange traded fund’s stock valued at $890,000 after purchasing an additional 770 shares during the period. Sanibel Captiva Trust Company Inc. boosted its position in iShares Russell 1000 Value ETF by 57.2% in the third quarter. Sanibel Captiva Trust Company Inc. now owns 8,672 shares of the exchange traded fund’s stock valued at $1,646,000 after buying an additional 3,157 shares during the last quarter. CWM LLC increased its holdings in iShares Russell 1000 Value ETF by 20.0% in the 3rd quarter. CWM LLC now owns 64,999 shares of the exchange traded fund’s stock worth $12,337,000 after buying an additional 10,819 shares during the period. Daymark Wealth Partners LLC increased its holdings in iShares Russell 1000 Value ETF by 29.1% in the 3rd quarter. Daymark Wealth Partners LLC now owns 1,693 shares of the exchange traded fund’s stock worth $321,000 after buying an additional 382 shares during the period. Finally, Saxon Interests Inc. raised its position in iShares Russell 1000 Value ETF by 1.3% during the 3rd quarter. Saxon Interests Inc. now owns 13,031 shares of the exchange traded fund’s stock worth $2,473,000 after buying an additional 168 shares during the last quarter.

iShares Russell 1000 Value ETF Price Performance

IWD stock opened at $189.26 on Friday. The company has a market capitalization of $59.29 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 12 month low of $143.34 and a 12 month high of $190.37. The firm’s fifty day simple moving average is $184.81 and its 200-day simple moving average is $179.02.

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).