Cherry Tree Wealth Management LLC Grows Stock Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Cherry Tree Wealth Management LLC lifted its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 25.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 482 shares of the exchange traded fund’s stock after purchasing an additional 97 shares during the period. Cherry Tree Wealth Management LLC’s holdings in iShares Russell 1000 Value ETF were worth $80,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. JFG Wealth Management LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 1.2% in the fourth quarter. JFG Wealth Management LLC now owns 5,886 shares of the exchange traded fund’s stock valued at $973,000 after purchasing an additional 68 shares during the last quarter. Atlas Brown Inc. increased its stake in iShares Russell 1000 Value ETF by 0.6% during the fourth quarter. Atlas Brown Inc. now owns 12,302 shares of the exchange traded fund’s stock worth $2,033,000 after acquiring an additional 69 shares during the last quarter. Global Strategic Investment Solutions LLC increased its stake in iShares Russell 1000 Value ETF by 1.2% during the fourth quarter. Global Strategic Investment Solutions LLC now owns 5,701 shares of the exchange traded fund’s stock worth $942,000 after acquiring an additional 70 shares during the last quarter. Benchmark Financial Wealth Advisors LLC increased its stake in iShares Russell 1000 Value ETF by 2.0% during the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 3,653 shares of the exchange traded fund’s stock worth $604,000 after acquiring an additional 71 shares during the last quarter. Finally, HHM Wealth Advisors LLC increased its stake in iShares Russell 1000 Value ETF by 60.2% during the fourth quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 71 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Up 0.2 %

IWD stock traded up $0.40 during midday trading on Tuesday, hitting $174.87. 786,897 shares of the company’s stock were exchanged, compared to its average volume of 2,079,810. The business has a 50-day simple moving average of $174.14 and a two-hundred day simple moving average of $165.38. The stock has a market capitalization of $54.78 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 1-year low of $143.34 and a 1-year high of $179.56.

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).