McKinley Carter Wealth Services Inc. Acquires New Shares in iShares Russell 1000 Value ETF $IWD

McKinley Carter Wealth Services Inc. purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, Holdings Channel.com reports. The firm purchased 17,225 shares of the exchange traded fund’s stock, valued at approximately $4,271,000.

Several other hedge funds and other institutional investors have also modified their holdings of IWD. Baird Financial Group Inc. boosted its position in iShares Russell 1000 Value ETF by 2.7% during the second quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock valued at $1,501,218,000 after purchasing an additional 165,599 shares during the last quarter. Greenleaf Trust grew its stake in iShares Russell 1000 Value ETF by 20,660.3% in the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after purchasing an additional 1,484,030 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in iShares Russell 1000 Value ETF by 28.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,440,501 shares of the exchange traded fund’s stock valued at $302,995,000 after purchasing an additional 319,319 shares in the last quarter. Stairway Partners LLC acquired a new position in iShares Russell 1000 Value ETF in the 3rd quarter worth about $326,735,000. Finally, Fifth Third Bancorp increased its position in iShares Russell 1000 Value ETF by 324.3% in the 1st quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after purchasing an additional 910,889 shares during the last quarter. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Down 0.1%

Shares of IWD traded down $0.35 during midday trading on Friday, reaching $255.77. 2,691,098 shares of the stock were exchanged, compared to its average volume of 2,641,762. iShares Russell 1000 Value ETF has a 12-month low of $199.79 and a 12-month high of $260.19. The firm has a 50 day simple moving average of $254.68 and a 200-day simple moving average of $243.45. The company has a market cap of $83.69 billion, a price-to-earnings 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.