Tassel Capital Management Inc. Invests $992,000 in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Tassel Capital Management Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 5,360 shares of the exchange traded fund’s stock, valued at approximately $992,000. iShares Russell 1000 Value ETF makes up approximately 0.9% of Tassel Capital Management Inc.’s portfolio, making the stock its 11th biggest position.

A number of other hedge funds have also bought and sold shares of IWD. Peterson Wealth Services purchased a new position in iShares Russell 1000 Value ETF during the 4th quarter valued at about $32,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of iShares Russell 1000 Value ETF in the fourth quarter valued at approximately $32,000. Hantz Financial Services Inc. purchased a new position in iShares Russell 1000 Value ETF during the fourth quarter valued at approximately $35,000. Centricity Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $46,000. Finally, Howe & Rusling Inc. lifted its stake 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 purchasing an additional 147 shares in the last quarter.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA:IWD opened at $189.67 on Monday. The company has a market cap of $61.01 billion, a price-to-earnings ratio of 19.81 and a beta of 0.98. iShares Russell 1000 Value ETF has a one year low of $168.85 and a one year high of $200.42. The firm has a fifty day moving average price of $191.17 and a two-hundred day moving average price of $190.69.

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).