Ryan Investment Management Inc. Purchases 7,511 Shares of iShares Russell 1000 Value ETF $IWD

Ryan Investment Management Inc. lifted its position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 6.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 120,376 shares of the exchange traded fund’s stock after purchasing an additional 7,511 shares during the quarter. iShares Russell 1000 Value ETF comprises approximately 13.2% of Ryan Investment Management Inc.’s holdings, making the stock its 3rd largest holding. Ryan Investment Management Inc.’s holdings in iShares Russell 1000 Value ETF were worth $29,183,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Personal CFO Solutions LLC purchased a new position in iShares Russell 1000 Value ETF in the fourth quarter valued at about $1,539,000. Brown Miller Wealth Management LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $1,213,000. Massachusetts Financial Services Co. MA boosted its position in shares of iShares Russell 1000 Value ETF by 121.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 190,793 shares of the exchange traded fund’s stock worth $40,131,000 after buying an additional 104,778 shares during the period. Oakworth Capital Inc. grew its stake in shares of iShares Russell 1000 Value ETF by 3.2% in the fourth quarter. Oakworth Capital Inc. now owns 835,036 shares of the exchange traded fund’s stock valued at $175,641,000 after buying an additional 25,803 shares in the last quarter. Finally, Washington Trust Bank grew its stake in shares of iShares Russell 1000 Value ETF by 99.3% in the fourth quarter. Washington Trust Bank now owns 4,392 shares of the exchange traded fund’s stock valued at $924,000 after buying an additional 2,188 shares in the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA:IWD opened at $256.12 on Friday. The business’s 50-day simple moving average is $245.13 and its 200 day simple moving average is $231.10. The company has a market cap of $83.21 billion, a P/E ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a one year low of $194.02 and a one year high of $257.83.

iShares Russell 1000 Value ETF Profile

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.