Signaturefd LLC Acquires 36,784 Shares of iShares Russell 1000 Value ETF $IWD

Signaturefd LLC acquired a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 36,784 shares of the exchange traded fund’s stock, valued at approximately $9,120,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Timbuktu Capital Management LLC acquired a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $25,000. Markowski Investments purchased a new stake in iShares Russell 1000 Value ETF in the second quarter valued at about $28,000. Cornerstone National Bank & Trust Co acquired a new stake in iShares Russell 1000 Value ETF in the third quarter worth about $30,000. C M Bidwell & Associates Ltd. acquired a new stake in iShares Russell 1000 Value ETF in the second quarter worth about $30,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in iShares Russell 1000 Value ETF in the third quarter worth about $41,000. 84.93% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Stock Performance

Shares of IWD stock opened at $257.42 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $199.79 and a fifty-two week high of $260.19. The firm has a market capitalization of $84.23 billion, a price-to-earnings ratio of 18.83 and a beta of 0.84. The stock’s 50-day simple moving average is $254.61 and its 200-day simple moving average is $244.98.

About iShares Russell 1000 Value ETF

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.