RIA Advisory Group LLC Takes Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

RIA Advisory Group LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 14,274 shares of the exchange traded fund’s stock, valued at approximately $2,359,000. iShares Russell 1000 Value ETF makes up about 0.7% of RIA Advisory Group LLC’s investment portfolio, making the stock its 21st biggest position.

Other hedge funds have also recently made changes to their positions in the company. Magnolia Wealth Management LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the first quarter worth approximately $214,000. Sei Investments Co. raised its position in iShares Russell 1000 Value ETF by 123.6% in the 1st quarter. Sei Investments Co. now owns 181,320 shares of the exchange traded fund’s stock valued at $30,141,000 after buying an additional 100,236 shares during the last quarter. Allianz Asset Management GmbH raised its position in iShares Russell 1000 Value ETF by 284.4% in the 1st quarter. Allianz Asset Management GmbH now owns 184,280 shares of the exchange traded fund’s stock valued at $30,587,000 after buying an additional 136,345 shares during the last quarter. Loomis Sayles & Co. L P increased its position in shares of iShares Russell 1000 Value ETF by 1.0% during the 1st quarter. Loomis Sayles & Co. L P now owns 43,099 shares of the exchange traded fund’s stock valued at $7,154,000 after purchasing an additional 447 shares during the last quarter. Finally, First Trust Advisors LP bought a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter worth $2,529,000.

iShares Russell 1000 Value ETF Stock Performance

NYSEARCA IWD traded up $0.98 during trading hours on Friday, hitting $170.55. The company had a trading volume of 4,682,223 shares, compared to its average volume of 2,198,364. iShares Russell 1000 Value ETF has a 52 week low of $143.34 and a 52 week high of $179.56. The firm has a 50 day simple moving average of $173.06 and a 200 day simple moving average of $163.11. The firm has a market capitalization of $53.44 billion, a price-to-earnings ratio of 17.74 and a beta of 0.80.

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).