Ritholtz Wealth Management Purchases 28,942 Shares of iShares Russell 1000 Value ETF $IWD

Ritholtz Wealth Management raised its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 195.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,772 shares of the exchange traded fund’s stock after buying an additional 28,942 shares during the period. Ritholtz Wealth Management’s holdings in iShares Russell 1000 Value ETF were worth $8,502,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Truvestments Capital LLC bought a new stake in iShares Russell 1000 Value ETF during the first quarter worth $25,000. GKV Capital Management Co. Inc. bought a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter worth $27,000. RMG Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 2nd quarter worth $33,000. Creative Capital Management Investments LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the 1st quarter worth $38,000. Finally, Valley Wealth Managers Inc. boosted its holdings in shares of iShares Russell 1000 Value ETF by 78.0% in the 1st quarter. Valley Wealth Managers Inc. now owns 210 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 92 shares during the last quarter. Institutional investors own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Stock Performance

IWD opened at $203.12 on Wednesday. iShares Russell 1000 Value ETF has a fifty-two week low of $163.19 and a fifty-two week high of $206.01. The firm has a 50-day moving average of $201.19 and a 200 day moving average of $192.60. The firm has a market cap of $64.16 billion, a P/E ratio of 18.83 and a beta of 0.95.

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).