Indiana Trust & Investment Management Co Acquires 8,704 Shares of iShares Russell 1000 Value ETF $IWD

Indiana Trust & Investment Management Co bought a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, HoldingsChannel reports. The institutional investor bought 8,704 shares of the exchange traded fund’s stock, valued at approximately $2,158,000.

Several other institutional investors have also recently made changes to their positions in IWD. Evanson Financial LLC purchased a new stake in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth approximately $3,582,000. HB Wealth Management LLC boosted its stake in shares of iShares Russell 1000 Value ETF by 3.4% during the second quarter. HB Wealth Management LLC now owns 244,415 shares of the exchange traded fund’s stock valued at $59,254,000 after purchasing an additional 8,104 shares in the last quarter. Stairway Partners LLC bought a new position in shares of iShares Russell 1000 Value ETF during the third quarter valued at approximately $326,735,000. Rose Capital Advisors LLC purchased a new position in iShares Russell 1000 Value ETF during the second quarter valued at approximately $629,000. Finally, Hsbc Holdings PLC increased its holdings in iShares Russell 1000 Value ETF by 4.8% during the fourth quarter. Hsbc Holdings PLC now owns 141,873 shares of the exchange traded fund’s stock valued at $29,841,000 after buying an additional 6,534 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Up 0.3%

Shares of IWD stock opened at $259.05 on Friday. The firm has a market cap of $84.76 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 52-week low of $199.79 and a 52-week high of $260.19. The company’s 50 day moving average is $254.63 and its 200 day moving average is $244.89.

iShares Russell 1000 Value ETF 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.