Verus Financial Partners Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 9,204 shares of the exchange traded fund’s stock, valued at approximately $2,282,000.
Several other institutional investors also recently bought and sold shares of the stock. Retirement Wealth Solutions LLC lifted its holdings in iShares Russell 1000 Value ETF by 11.5% in the second quarter. Retirement Wealth Solutions LLC now owns 377 shares of the exchange traded fund’s stock valued at $91,000 after acquiring an additional 39 shares during the period. Robinson Value Management Ltd. grew its stake in shares of iShares Russell 1000 Value ETF by 0.8% during the 3rd quarter. Robinson Value Management Ltd. now owns 4,818 shares of the exchange traded fund’s stock worth $1,195,000 after purchasing an additional 39 shares during the period. Simplicity Wealth LLC grew its stake in shares of iShares Russell 1000 Value ETF by 0.3% during the 1st quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock worth $3,426,000 after purchasing an additional 44 shares during the period. Grant Street Asset Management Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 0.4% during the 1st quarter. Grant Street Asset Management Inc. now owns 12,762 shares of the exchange traded fund’s stock valued at $2,727,000 after purchasing an additional 51 shares in the last quarter. Finally, 180 Wealth Advisors LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 4.4% during the 2nd quarter. 180 Wealth Advisors LLC now owns 1,211 shares of the exchange traded fund’s stock valued at $294,000 after purchasing an additional 51 shares in the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell 1000 Value ETF Price Performance
IWD opened at $258.65 on Friday. The firm has a fifty day moving average price of $254.79 and a 200 day moving average price of $238.12. iShares Russell 1000 Value ETF has a 1 year low of $199.79 and a 1 year high of $260.82. The stock has a market cap of $82.95 billion, a P/E ratio of 18.83 and a beta of 0.84.
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). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.
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