Mesirow Financial Investment Management Inc. Buys 196,627 Shares of iShares Russell 1000 Value ETF $IWD

Mesirow Financial Investment Management Inc. bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 196,627 shares of the exchange traded fund’s stock, valued at approximately $48,748,000. iShares Russell 1000 Value ETF comprises about 0.8% of Mesirow Financial Investment Management Inc.’s portfolio, making the stock its 28th biggest holding. Mesirow Financial Investment Management Inc. owned 0.06% of iShares Russell 1000 Value ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Retirement Wealth Solutions LLC increased its stake 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 acquiring an additional 39 shares during the last quarter. Robinson Value Management Ltd. raised its holdings in shares of iShares Russell 1000 Value ETF by 0.8% in the 3rd quarter. Robinson Value Management Ltd. now owns 4,818 shares of the exchange traded fund’s stock worth $1,195,000 after purchasing an additional 39 shares during the period. Grant Street Asset Management Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 0.4% in the 1st quarter. Grant Street Asset Management Inc. now owns 12,762 shares of the exchange traded fund’s stock worth $2,727,000 after purchasing an additional 51 shares during the period. 180 Wealth Advisors LLC grew its holdings in shares of iShares Russell 1000 Value ETF by 4.4% during the 2nd quarter. 180 Wealth Advisors LLC now owns 1,211 shares of the exchange traded fund’s stock worth $294,000 after purchasing an additional 51 shares during the period. Finally, David Kennon Inc grew its holdings in shares of iShares Russell 1000 Value ETF by 0.6% during the 3rd quarter. David Kennon Inc now owns 8,477 shares of the exchange traded fund’s stock worth $2,102,000 after purchasing an additional 53 shares during the period. Hedge funds and other institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $262.64 on Wednesday. The firm has a 50 day moving average price of $255.18 and a 200 day moving average price of $239.60. The company has a market cap of $84.68 billion, a PE ratio of 18.83 and a beta of 0.84. iShares Russell 1000 Value ETF has a 1 year low of $199.79 and a 1 year high of $267.24.

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.