Waverly Advisors LLC Purchases 120,058 Shares of iShares Russell 1000 Value ETF $IWD

Waverly Advisors LLC lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 44.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 392,600 shares of the exchange traded fund’s stock after acquiring an additional 120,058 shares during the period. Waverly Advisors LLC owned approximately 0.12% of iShares Russell 1000 Value ETF worth $95,178,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the stock. Timbuktu Capital Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $25,000. Markowski Investments bought a new stake in shares of iShares Russell 1000 Value ETF during the second quarter worth $28,000. IFC & Insurance Marketing Inc. acquired a new position in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $28,000. MBM Wealth Consultants LLC bought a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter valued at $29,000. Finally, C M Bidwell & Associates Ltd. bought a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at $30,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Price Performance

Shares of NYSEARCA IWD traded down $2.10 during mid-day trading on Tuesday, hitting $255.53. 1,209,910 shares of the stock traded hands, compared to its average volume of 2,795,985. The company has a market cap of $83.02 billion, a PE ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a twelve month low of $199.40 and a twelve month high of $260.19. The firm has a 50 day simple moving average of $252.97 and a two-hundred day simple moving average of $236.97.

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.