Waldron Private Wealth LLC Grows Stake in iShares Russell 1000 Value ETF $IWD

Waldron Private Wealth LLC grew its stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 2.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 892,418 shares of the exchange traded fund’s stock after purchasing an additional 22,885 shares during the quarter. iShares Russell 1000 Value ETF comprises 7.6% of Waldron Private Wealth LLC’s holdings, making the stock its 5th biggest position. Waldron Private Wealth LLC’s holdings in iShares Russell 1000 Value ETF were worth $173,334,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Truvestments Capital LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter worth about $25,000. GKV Capital Management Co. Inc. purchased a new position in shares of iShares Russell 1000 Value ETF in the 1st quarter worth about $27,000. Advantage Trust Co purchased a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth about $29,000. RMG Wealth Management LLC purchased a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter worth about $33,000. Finally, Valley Wealth Managers Inc. raised its position 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 purchasing an additional 92 shares during the last quarter. 84.93% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 1000 Value ETF Price Performance

IWD opened at $206.30 on Friday. The stock has a 50-day moving average price of $202.40 and a 200-day moving average price of $194.09. The firm has a market cap of $65.53 billion, a PE ratio of 18.83 and a beta of 0.95. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $206.87.

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).