HT Partners LLC Purchases 2,322 Shares of iShares Russell 1000 Value ETF $IWD

HT Partners LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, HoldingsChannel reports. The institutional investor purchased 2,322 shares of the exchange traded fund’s stock, valued at approximately $576,000.

Several other hedge funds also recently made changes to their positions in the company. Baird Financial Group Inc. lifted its holdings in shares of iShares Russell 1000 Value ETF by 2.7% in the 2nd quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock valued at $1,501,218,000 after purchasing an additional 165,599 shares during the last quarter. Stairway Partners LLC acquired a new position in iShares Russell 1000 Value ETF during the third quarter worth approximately $326,735,000. Fifth Third Bancorp lifted its stake in 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 valued at $254,645,000 after buying an additional 910,889 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in iShares Russell 1000 Value ETF by 5.3% in the first quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock valued at $193,067,000 after buying an additional 45,283 shares during the last quarter. Finally, 1ST Source Bank grew its position in shares of iShares Russell 1000 Value ETF by 1.9% during the first quarter. 1ST Source Bank now owns 621,889 shares of the exchange traded fund’s stock worth $132,879,000 after acquiring an additional 11,697 shares during the last quarter. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Trading Up 0.7%

IWD stock traded up $1.72 on Tuesday, hitting $257.15. The company’s stock had a trading volume of 695,905 shares, compared to its average volume of 2,625,228. The firm has a 50 day moving average of $254.62 and a two-hundred day moving average of $243.98. iShares Russell 1000 Value ETF has a 1 year low of $199.79 and a 1 year high of $260.19. The stock has a market cap of $84.14 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.

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.