Centerpoint Advisory Group Invests $1.97 Million in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Centerpoint Advisory Group acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 10,655 shares of the exchange traded fund’s stock, valued at approximately $1,973,000. iShares Russell 1000 Value ETF comprises approximately 1.9% of Centerpoint Advisory Group’s investment portfolio, making the stock its 18th biggest position.

Other large investors also recently modified their holdings of the company. Legacy Capital Wealth Partners LLC purchased a new stake in iShares Russell 1000 Value ETF in the fourth quarter worth approximately $1,049,000. TigerOak Management L.L.C. bought a new stake in shares of iShares Russell 1000 Value ETF in the 4th quarter worth approximately $484,000. Montag A & Associates Inc. boosted its stake in shares of iShares Russell 1000 Value ETF by 15.1% in the 4th quarter. Montag A & Associates Inc. now owns 79,060 shares of the exchange traded fund’s stock valued at $14,636,000 after purchasing an additional 10,379 shares in the last quarter. Roxbury Financial LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 4th quarter valued at $826,000. Finally, Aveo Capital Partners LLC raised its position in iShares Russell 1000 Value ETF by 2.8% in the 4th quarter. Aveo Capital Partners LLC now owns 3,588 shares of the exchange traded fund’s stock worth $664,000 after purchasing an additional 98 shares during the period.

iShares Russell 1000 Value ETF Stock Down 0.1 %

NYSEARCA IWD opened at $194.48 on Friday. The company has a 50-day simple moving average of $190.07 and a two-hundred day simple moving average of $189.21. iShares Russell 1000 Value ETF has a 12-month low of $167.43 and a 12-month high of $200.42. The firm has a market cap of $60.92 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

iShares Russell 1000 Value ETF Company 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).