5,034 Shares in iShares Russell 1000 Value ETF (NYSEARCA:IWD) Purchased by Meridian Wealth Management LLC

Meridian Wealth Management LLC bought a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,034 shares of the exchange traded fund’s stock, valued at approximately $955,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Objectivity Squared LLC grew its stake in shares of iShares Russell 1000 Value ETF by 6.6% in the second quarter. Objectivity Squared LLC now owns 51,759 shares of the exchange traded fund’s stock worth $9,440,000 after acquiring an additional 3,215 shares during the last quarter. Raymond James & Associates increased its holdings in shares of iShares Russell 1000 Value ETF by 0.3% during the 2nd quarter. Raymond James & Associates now owns 3,644,049 shares of the exchange traded fund’s stock worth $635,777,000 after purchasing an additional 11,960 shares during the period. Bank of New York Mellon Corp raised its position in shares of iShares Russell 1000 Value ETF by 8.8% during the second quarter. Bank of New York Mellon Corp now owns 866,591 shares of the exchange traded fund’s stock valued at $151,194,000 after buying an additional 70,330 shares during the last quarter. Lake Hills Wealth Management LLC bought a new stake in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $271,000. Finally, Brookstone Capital Management grew its position in iShares Russell 1000 Value ETF by 5.4% during the second quarter. Brookstone Capital Management now owns 10,530 shares of the exchange traded fund’s stock worth $1,925,000 after buying an additional 536 shares in the last quarter.

iShares Russell 1000 Value ETF Stock Up 0.8 %

iShares Russell 1000 Value ETF stock opened at $197.71 on Friday. The business has a 50 day moving average price of $191.02 and a two-hundred day moving average price of $183.06. iShares Russell 1000 Value ETF has a 12 month low of $155.30 and a 12 month high of $197.87. The stock has a market cap of $61.93 billion, a price-to-earnings ratio of 17.81 and a beta of 0.77.

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).