Pure Financial Advisors LLC Acquires 596 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Pure Financial Advisors LLC boosted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 7.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,981 shares of the exchange traded fund’s stock after purchasing an additional 596 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares Russell 1000 Value ETF were worth $1,663,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Renaissance Technologies LLC bought a new position in iShares Russell 1000 Value ETF during the second quarter worth $1,675,000. AE Wealth Management LLC raised its holdings in shares of iShares Russell 1000 Value ETF by 17.3% during the second quarter. AE Wealth Management LLC now owns 8,663 shares of the exchange traded fund’s stock valued at $1,511,000 after purchasing an additional 1,279 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of iShares Russell 1000 Value ETF by 4.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 274,573 shares of the exchange traded fund’s stock worth $47,905,000 after purchasing an additional 11,735 shares in the last quarter. DRW Securities LLC acquired a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at about $415,000. Finally, Certified Advisory Corp bought a new stake in iShares Russell 1000 Value ETF in the 2nd quarter valued at about $1,961,000.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $191.48 on Tuesday. The stock’s 50 day simple moving average is $191.24 and its 200 day simple moving average is $187.26. The company has a market cap of $59.98 billion, a P/E ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a fifty-two week low of $160.98 and a fifty-two week high of $200.42.

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).