Brighton Jones LLC Grows Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Brighton Jones LLC increased its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 8.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 36,663 shares of the exchange traded fund’s stock after purchasing an additional 2,981 shares during the period. Brighton Jones LLC’s holdings in iShares Russell 1000 Value ETF were worth $6,787,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWD. Eagle Bay Advisors LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $32,000. Nemes Rush Group LLC grew its stake in shares of iShares Russell 1000 Value ETF by 382.1% in the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 149 shares during the last quarter. Carmichael Hill & Associates Inc. increased its holdings in iShares Russell 1000 Value ETF by 536.1% during the 3rd quarter. Carmichael Hill & Associates Inc. now owns 229 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 193 shares during the period. Northwest Investment Counselors LLC bought a new position in iShares Russell 1000 Value ETF during the 3rd quarter valued at approximately $44,000. Finally, Howe & Rusling Inc. lifted its holdings in iShares Russell 1000 Value ETF by 144.1% in the 3rd quarter. Howe & Rusling Inc. now owns 249 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 147 shares during the period.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $193.95 on Friday. The firm has a market cap of $60.75 billion, a P/E ratio of 17.81 and a beta of 0.77. The business’s 50 day moving average price is $191.07 and its 200-day moving average price is $187.56. iShares Russell 1000 Value ETF has a fifty-two week low of $163.99 and a fifty-two week high of $200.42.

iShares Russell 1000 Value ETF 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).