Schneider Downs Wealth Management Advisors LP Buys New Stake in iShares Russell 1000 Value ETF $IWD

Schneider Downs Wealth Management Advisors LP bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the second quarter, Holdings Channel.com reports. The fund bought 1,054 shares of the exchange traded fund’s stock, valued at approximately $205,000.

A number of other hedge funds have also recently modified their holdings of IWD. Brighton Jones LLC boosted its stake in iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after purchasing an additional 2,981 shares during the period. Bison Wealth LLC boosted its stake in iShares Russell 1000 Value ETF by 13.9% during the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock worth $763,000 after purchasing an additional 502 shares during the period. GAMMA Investing LLC boosted its stake in iShares Russell 1000 Value ETF by 3.1% during the 1st quarter. GAMMA Investing LLC now owns 13,744 shares of the exchange traded fund’s stock worth $2,586,000 after purchasing an additional 412 shares during the period. Sequoia Financial Advisors LLC boosted its stake in iShares Russell 1000 Value ETF by 2.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 23,911 shares of the exchange traded fund’s stock worth $4,499,000 after purchasing an additional 607 shares during the period. Finally, Trust Co. of Vermont boosted its stake in iShares Russell 1000 Value ETF by 7.2% during the 1st quarter. Trust Co. of Vermont now owns 2,342 shares of the exchange traded fund’s stock worth $441,000 after purchasing an additional 157 shares during the period. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $206.30 on Friday. iShares Russell 1000 Value ETF has a one year low of $163.19 and a one year high of $206.87. The stock has a market capitalization of $65.53 billion, a PE ratio of 18.83 and a beta of 0.95. The company has a fifty day moving average of $202.40 and a 200-day moving average of $194.09.

iShares Russell 1000 Value ETF Company 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).