Pines Wealth Management LLC Acquires New Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Pines Wealth Management LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,205 shares of the exchange traded fund’s stock, valued at approximately $221,000.

Several other large investors have also recently bought and sold shares of IWD. Eagle Bay Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at approximately $32,000. Nemes Rush Group LLC increased its position in iShares Russell 1000 Value ETF by 382.1% in the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 149 shares during the period. Carmichael Hill & Associates Inc. raised its stake in shares of iShares Russell 1000 Value ETF by 536.1% during the third quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 193 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the third quarter worth $44,000. Finally, Howe & Rusling Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 144.1% in the third quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 147 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Up 1.1 %

Shares of NYSEARCA:IWD opened at $188.96 on Thursday. The firm has a market cap of $59.19 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 $160.98 and a 12-month high of $200.42. The business has a fifty day simple moving average of $191.52 and a 200 day simple moving average of $186.91.

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).