MJP Associates Inc. ADV Acquires New Shares in iShares Russell 1000 Value ETF $IWD

MJP Associates Inc. ADV acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 181,897 shares of the exchange traded fund’s stock, valued at approximately $35,330,000. iShares Russell 1000 Value ETF comprises about 5.2% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 6th biggest position. MJP Associates Inc. ADV owned 0.06% of iShares Russell 1000 Value ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of IWD. Truvestments Capital LLC acquired a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter worth $25,000. GKV Capital Management Co. Inc. acquired a new stake in iShares Russell 1000 Value ETF in the 1st quarter valued at about $27,000. Advantage Trust Co acquired a new stake in iShares Russell 1000 Value ETF in the 2nd quarter valued at about $29,000. RMG Wealth Management LLC purchased a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $33,000. Finally, Access Investment Management LLC purchased a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $35,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Down 0.3%

Shares of IWD opened at $204.79 on Friday. iShares Russell 1000 Value ETF has a 12-month low of $163.19 and a 12-month high of $208.66. The stock has a market cap of $65.14 billion, a P/E ratio of 18.83 and a beta of 0.89. The company has a 50-day moving average of $203.75 and a two-hundred day moving average of $196.96.

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).