RKL Wealth Management LLC Buys 8,471 Shares of iShares Russell 1000 Value ETF $IWD

RKL Wealth Management LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 8,471 shares of the exchange traded fund’s stock, valued at approximately $2,100,000.

A number of other institutional investors have also recently bought and sold shares of IWD. Baird Financial Group Inc. raised its holdings in iShares Russell 1000 Value ETF by 2.7% during the 2nd quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock worth $1,501,218,000 after buying an additional 165,599 shares during the period. Greenleaf Trust lifted its stake in iShares Russell 1000 Value ETF by 20,660.3% during the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock valued at $116,166,000 after buying an additional 1,484,030 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in iShares Russell 1000 Value ETF by 28.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,440,501 shares of the exchange traded fund’s stock valued at $302,995,000 after buying an additional 319,319 shares in the last quarter. Stairway Partners LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter worth about $326,735,000. Finally, Fifth Third Bancorp boosted its holdings in shares of iShares Russell 1000 Value ETF by 324.3% in the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after buying an additional 910,889 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Down 0.1%

Shares of iShares Russell 1000 Value ETF stock traded down $0.35 during trading on Friday, hitting $255.77. The stock had a trading volume of 2,691,098 shares, compared to its average volume of 2,641,762. The stock has a 50 day simple moving average of $254.68 and a 200 day simple moving average of $243.45. The company has a market capitalization of $83.69 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1 year low of $199.79 and a 1 year 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.