M.D. Sass LLC Acquires Shares of 22,751 iShares Russell 1000 Value ETF $IWD

M.D. Sass LLC acquired a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,751 shares of the exchange traded fund’s stock, valued at approximately $4,785,000. iShares Russell 1000 Value ETF accounts for about 0.4% of M.D. Sass LLC’s holdings, making the stock its 28th biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its position in iShares Russell 1000 Value ETF by 20.5% during the fourth quarter. Bank of New York Mellon Corp now owns 858,292 shares of the exchange traded fund’s stock valued at $180,533,000 after buying an additional 145,804 shares during the period. Goldman Sachs Group Inc. lifted its position in iShares Russell 1000 Value ETF by 0.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 11,414,192 shares of the exchange traded fund’s stock valued at $2,400,861,000 after buying an additional 85,365 shares during the period. Bruce G. Allen Investments LLC lifted its position in iShares Russell 1000 Value ETF by 1.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 7,371 shares of the exchange traded fund’s stock valued at $1,550,000 after buying an additional 92 shares during the period. Rice Partnership LLC raised its position in shares of iShares Russell 1000 Value ETF by 21.0% in the 4th quarter. Rice Partnership LLC now owns 4,028 shares of the exchange traded fund’s stock worth $847,000 after purchasing an additional 698 shares during the last quarter. Finally, Kesler Norman & Wride LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 4th quarter worth about $747,000. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $239.32 on Wednesday. The stock has a 50-day moving average price of $226.32 and a 200-day moving average price of $219.31. The firm has a market cap of $76.87 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1 year low of $188.19 and a 1 year high of $239.59.

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.