Old Mission Investment Co LLC Buys Shares of 2,332 iShares Russell 1000 Value ETF $IWD

Old Mission Investment Co LLC purchased a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,332 shares of the exchange traded fund’s stock, valued at approximately $565,000.

Several other hedge funds also recently modified their holdings of IWD. Timbuktu Capital Management LLC bought a new position in iShares Russell 1000 Value ETF in the 2nd quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. bought a new stake in iShares Russell 1000 Value ETF during the 4th quarter worth approximately $28,000. MBM Wealth Consultants LLC bought a new stake in iShares Russell 1000 Value ETF during the 1st quarter worth approximately $29,000. C M Bidwell & Associates Ltd. bought a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth approximately $30,000. Finally, Heritage Wealth Advisors acquired a new position in iShares Russell 1000 Value ETF in the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD stock opened at $257.63 on Friday. The company has a fifty day moving average price of $252.41 and a 200-day moving average price of $236.42. The company has a market capitalization of $83.70 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 $199.40 and a 52-week high of $260.19.

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). 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.