5,649 Shares of iShares Russell 1000 Value ETF $IWD Purchased by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,649 shares of the exchange traded fund’s stock, valued at approximately $1,432,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWD. Greenleaf Trust increased its position in shares of iShares Russell 1000 Value ETF by 20,660.3% in the 2nd quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after acquiring an additional 1,484,030 shares during the period. Stairway Partners LLC acquired a new stake in iShares Russell 1000 Value ETF during the 3rd quarter worth about $326,735,000. 71 West Capital Partners purchased a new stake in shares of iShares Russell 1000 Value ETF in the fourth quarter worth about $240,065,000. Fifth Third Bancorp grew its position in iShares Russell 1000 Value ETF by 324.3% during the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock valued at $254,645,000 after buying an additional 910,889 shares during the period. Finally, Marquette Asset Management LLC acquired a new stake in shares of iShares Russell 1000 Value ETF during the 3rd quarter valued at about $98,365,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock traded up $0.00 on Tuesday, reaching $254.65. 994,102 shares of the company were exchanged, compared to its average volume of 2,648,321. iShares Russell 1000 Value ETF has a 1 year low of $199.79 and a 1 year high of $260.19. The company has a market cap of $83.31 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The business has a 50-day moving average price of $254.80 and a 200 day moving average price of $242.46.

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.