First Commonwealth Financial Corp PA Acquires 1,504 Shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD)

First Commonwealth Financial Corp PA increased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 84.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,291 shares of the exchange traded fund’s stock after buying an additional 1,504 shares during the period. First Commonwealth Financial Corp PA’s holdings in iShares Russell 1000 Value ETF were worth $625,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IWD. Triad Wealth Partners LLC purchased a new position in iShares Russell 1000 Value ETF during the second quarter valued at approximately $25,000. Opal Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter valued at approximately $28,000. Eagle Bay Advisors LLC bought a new stake in iShares Russell 1000 Value ETF during the third quarter valued at approximately $32,000. Nemes Rush Group LLC grew its stake in iShares Russell 1000 Value ETF by 382.1% in the 2nd quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 149 shares in the last quarter. Finally, Family Firm Inc. bought a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth $37,000.

iShares Russell 1000 Value ETF Stock Up 0.6 %

Shares of NYSEARCA IWD traded up $1.14 during mid-day trading on Wednesday, reaching $200.26. 127,264 shares of the company were exchanged, compared to its average volume of 1,743,807. The stock has a market capitalization of $62.73 billion, a PE ratio of 17.81 and a beta of 0.77. iShares Russell 1000 Value ETF has a 52 week low of $155.30 and a 52 week high of $200.40. The company’s 50 day moving average price is $191.48 and its 200 day moving average price is $183.43.

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).