Retirement Planning Group LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) during the third quarter, HoldingsChannel.com reports. The firm purchased 3,457 shares of the exchange traded fund’s stock, valued at approximately $857,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Greenleaf Trust lifted its position in iShares Russell 1000 Value ETF by 20,660.3% during the second quarter. Greenleaf Trust now owns 1,491,213 shares of the exchange traded fund’s stock worth $116,166,000 after acquiring an additional 1,484,030 shares during the last quarter. Stairway Partners LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the third quarter worth approximately $326,735,000. Fifth Third Bancorp boosted its holdings in shares of iShares Russell 1000 Value ETF by 324.3% during the first quarter. Fifth Third Bancorp now owns 1,191,768 shares of the exchange traded fund’s stock worth $254,645,000 after acquiring an additional 910,889 shares during the period. Marquette Asset Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the third quarter worth approximately $98,365,000. Finally, Baird Financial Group Inc. grew its position in shares of iShares Russell 1000 Value ETF by 2.7% in the second quarter. Baird Financial Group Inc. now owns 6,192,377 shares of the exchange traded fund’s stock valued at $1,501,218,000 after purchasing an additional 165,599 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Trading Up 0.2%
Shares of NYSEARCA IWD opened at $258.29 on Thursday. The firm has a market cap of $84.51 billion, a P/E 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 $260.19. The business’s 50 day moving average is $254.63 and its 200-day moving average is $244.58.
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.
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