Diversified Portfolios Inc. Has $4.45 Million Holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Diversified Portfolios Inc. boosted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,037 shares of the exchange traded fund’s stock after purchasing an additional 337 shares during the period. Diversified Portfolios Inc.’s holdings in iShares Russell 1000 Value ETF were worth $4,450,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Massachusetts Financial Services Co. MA raised its position in iShares Russell 1000 Value ETF by 13.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 130,392 shares of the exchange traded fund’s stock valued at $24,748,000 after buying an additional 14,966 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in shares of iShares Russell 1000 Value ETF by 18,440.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 420,683 shares of the exchange traded fund’s stock worth $77,881,000 after acquiring an additional 418,414 shares in the last quarter. Wedmont Private Capital raised its holdings in shares of iShares Russell 1000 Value ETF by 49.5% in the fourth quarter. Wedmont Private Capital now owns 4,083 shares of the exchange traded fund’s stock valued at $750,000 after purchasing an additional 1,351 shares during the last quarter. Widmann Financial Services Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 2.0% in the third quarter. Widmann Financial Services Inc. now owns 28,552 shares of the exchange traded fund’s stock worth $5,419,000 after purchasing an additional 561 shares in the last quarter. Finally, Embree Financial Group boosted its holdings in iShares Russell 1000 Value ETF by 1.4% during the fourth quarter. Embree Financial Group now owns 6,433 shares of the exchange traded fund’s stock worth $1,191,000 after purchasing an additional 86 shares during the last quarter.

iShares Russell 1000 Value ETF Trading Up 0.2 %

Shares of IWD stock opened at $194.11 on Wednesday. The firm’s fifty day moving average price is $190.22 and its two-hundred day moving average price is $189.06. iShares Russell 1000 Value ETF has a 1 year low of $164.34 and a 1 year high of $200.42. The firm has a market capitalization of $60.80 billion, a P/E ratio of 17.81 and a beta of 0.77.

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).