Members Trust Co Increases Stock Position in iShares Russell 1000 Value ETF $IWD

Members Trust Co lifted its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 20.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,424 shares of the exchange traded fund’s stock after purchasing an additional 413 shares during the period. Members Trust Co’s holdings in iShares Russell 1000 Value ETF were worth $471,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Goldman Sachs Group Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after purchasing an additional 363,429 shares during the period. Baird Financial Group Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock worth $880,871,000 after purchasing an additional 81,955 shares during the period. Northern Trust Corp lifted its position in shares of iShares Russell 1000 Value ETF by 5.9% in the 1st quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock worth $850,176,000 after purchasing an additional 253,088 shares during the period. LPL Financial LLC lifted its position in shares of iShares Russell 1000 Value ETF by 6.2% in the 1st quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock worth $743,118,000 after purchasing an additional 229,198 shares during the period. Finally, M&T Bank Corp lifted its position in shares of iShares Russell 1000 Value ETF by 2.2% in the 1st quarter. M&T Bank Corp now owns 3,804,155 shares of the exchange traded fund’s stock worth $715,790,000 after purchasing an additional 83,318 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD opened at $205.08 on Wednesday. The company has a 50 day moving average price of $202.01 and a 200-day moving average price of $193.30. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $206.01. The stock has a market capitalization of $64.86 billion, a PE ratio of 18.83 and a beta of 0.95.

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).