ZWJ Investment Counsel Inc. acquired a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 9,074 shares of the exchange traded fund’s stock, valued at approximately $2,250,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Retirement Wealth Solutions LLC boosted its holdings in iShares Russell 1000 Value ETF by 11.5% during the second quarter. Retirement Wealth Solutions LLC now owns 377 shares of the exchange traded fund’s stock worth $91,000 after buying an additional 39 shares in the last quarter. Simplicity Wealth LLC increased its holdings in iShares Russell 1000 Value ETF by 0.3% in the first quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock valued at $3,426,000 after buying an additional 44 shares in the last quarter. Falcon Wealth Planning increased its holdings in iShares Russell 1000 Value ETF by 3.9% in the first quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock valued at $257,000 after buying an additional 45 shares in the last quarter. Members Wealth LLC increased its holdings in iShares Russell 1000 Value ETF by 3.6% in the first quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock valued at $301,000 after buying an additional 46 shares in the last quarter. Finally, Grant Street Asset Management Inc. lifted its position in shares of iShares Russell 1000 Value ETF by 0.4% during the 1st quarter. Grant Street Asset Management Inc. now owns 12,762 shares of the exchange traded fund’s stock valued at $2,727,000 after acquiring an additional 51 shares during the period. Institutional investors and hedge funds own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Trading Down 0.1%
IWD stock opened at $254.20 on Thursday. The firm has a 50 day moving average of $254.71 and a 200-day moving average of $243.03. iShares Russell 1000 Value ETF has a 12-month low of $199.79 and a 12-month high of $260.19. The company has a market cap of $83.16 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84.
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.
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