Wetzel Investment Advisors Inc. Acquires Shares of 7,300 iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Wetzel Investment Advisors Inc. acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 7,300 shares of the exchange traded fund’s stock, valued at approximately $1,206,000. iShares Russell 1000 Value ETF makes up approximately 0.7% of Wetzel Investment Advisors Inc.’s portfolio, making the stock its 28th biggest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Atlas Brown Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 0.6% in the fourth quarter. Atlas Brown Inc. now owns 12,302 shares of the exchange traded fund’s stock valued at $2,033,000 after purchasing an additional 69 shares during the last quarter. Dechtman Wealth Management LLC increased its holdings in iShares Russell 1000 Value ETF by 2.5% during the third quarter. Dechtman Wealth Management LLC now owns 2,838 shares of the exchange traded fund’s stock worth $431,000 after buying an additional 70 shares during the last quarter. Global Strategic Investment Solutions LLC increased its holdings 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 buying an additional 70 shares during the last quarter. Benchmark Financial Wealth Advisors LLC increased its holdings 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 buying an additional 71 shares during the last quarter. Finally, Sendero Wealth Management LLC increased its holdings in iShares Russell 1000 Value ETF by 1.3% during the fourth quarter. Sendero Wealth Management LLC now owns 5,766 shares of the exchange traded fund’s stock worth $953,000 after buying an additional 73 shares during the last quarter.

iShares Russell 1000 Value ETF Stock Performance

IWD traded up $1.06 during trading on Friday, reaching $170.63. 4,689,109 shares of the stock were exchanged, compared to its average volume of 2,198,454. The stock has a market cap of $53.47 billion, a P/E ratio of 17.74 and a beta of 0.80. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $179.56. The stock’s 50 day moving average price is $173.14 and its two-hundred day moving average price is $163.25.

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).