First Bancorp Inc ME Takes $1.55 Million Position in iShares Russell 1000 Value ETF $IWD

First Bancorp Inc ME acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 6,902 shares of the exchange traded fund’s stock, valued at approximately $1,546,000.

Several other large investors have also bought and sold shares of the stock. Simplicity Wealth LLC increased its stake in shares of iShares Russell 1000 Value ETF by 0.3% in the first quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock valued at $3,426,000 after buying an additional 44 shares during the period. Falcon Wealth Planning increased its position in iShares Russell 1000 Value ETF by 3.9% during the 1st quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 45 shares during the period. Members Wealth LLC increased its position in iShares Russell 1000 Value ETF by 3.6% during the 1st quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock valued at $301,000 after purchasing an additional 46 shares during the period. Cardiff Park Advisors LLC raised its holdings in iShares Russell 1000 Value ETF by 0.6% during the 4th quarter. Cardiff Park Advisors LLC now owns 7,433 shares of the exchange traded fund’s stock worth $1,563,000 after purchasing an additional 46 shares during the last quarter. Finally, Cibc World Market Inc. raised its holdings in iShares Russell 1000 Value ETF by 3.1% during the 4th quarter. Cibc World Market Inc. now owns 1,646 shares of the exchange traded fund’s stock worth $346,000 after purchasing an additional 49 shares during the last quarter. 84.93% of the stock is owned by institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of NYSEARCA IWD opened at $258.27 on Wednesday. The company has a market capitalization of $83.91 billion, a P/E ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a 52-week low of $199.13 and a 52-week high of $260.19. The company’s 50 day moving average price is $249.93 and its 200-day moving average price is $234.59.

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.