S&CO Inc. Purchases New Position in iShares Russell 1000 Value ETF $IWD

S&CO Inc. purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,050 shares of the exchange traded fund’s stock, valued at approximately $1,224,000.

Several other hedge funds have also recently bought and sold shares of the stock. Heck Capital Advisors LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 5.7% in the 2nd quarter. Heck Capital Advisors LLC now owns 25,627 shares of the exchange traded fund’s stock valued at $6,213,000 after purchasing an additional 1,385 shares in the last quarter. GenWealth Group Inc. lifted its holdings in iShares Russell 1000 Value ETF by 15.2% during the 2nd quarter. GenWealth Group Inc. now owns 9,373 shares of the exchange traded fund’s stock valued at $2,272,000 after purchasing an additional 1,240 shares during the last quarter. Diversified Management Inc. boosted its position in iShares Russell 1000 Value ETF by 4.8% in the second quarter. Diversified Management Inc. now owns 2,027 shares of the exchange traded fund’s stock valued at $491,000 after buying an additional 93 shares in the last quarter. Marquette Asset Management LLC boosted its position in iShares Russell 1000 Value ETF by 1.1% in the second quarter. Marquette Asset Management LLC now owns 397,757 shares of the exchange traded fund’s stock valued at $96,428,000 after buying an additional 4,177 shares in the last quarter. Finally, Financial Management Professionals Inc. grew its stake in iShares Russell 1000 Value ETF by 9,139.6% during the second quarter. Financial Management Professionals Inc. now owns 8,870 shares of the exchange traded fund’s stock worth $2,150,000 after buying an additional 8,774 shares during the last quarter. 84.93% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Down 0.1%

NYSEARCA IWD opened at $258.57 on Friday. The firm has a market cap of $84.01 billion, a price-to-earnings ratio of 18.83 and a beta of 0.83. The company has a 50 day moving average of $247.47 and a 200-day moving average of $232.68. iShares Russell 1000 Value ETF has a 1-year low of $197.77 and a 1-year high of $259.30.

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). 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.