10,284 Shares in iShares Russell 1000 Value ETF $IWD Purchased by Manchester Capital Management LLC

Manchester Capital Management LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,284 shares of the exchange traded fund’s stock, valued at approximately $2,550,000.

Other hedge funds also recently modified their holdings of the company. Baird Financial Group Inc. raised its holdings in shares of iShares Russell 1000 Value ETF by 2.7% during the 2nd 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 in the last quarter. Stairway Partners LLC bought a new stake in iShares Russell 1000 Value ETF in the third quarter worth $326,735,000. Fifth Third Bancorp increased its position in 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 buying an additional 910,889 shares during the last quarter. Bank of New York Mellon Corp increased its position in iShares Russell 1000 Value ETF by 5.3% during the first quarter. Bank of New York Mellon Corp now owns 903,575 shares of the exchange traded fund’s stock worth $193,067,000 after buying an additional 45,283 shares during the last quarter. Finally, 1ST Source Bank increased its position in iShares Russell 1000 Value ETF by 1.9% during the first quarter. 1ST Source Bank now owns 621,889 shares of the exchange traded fund’s stock worth $132,879,000 after buying an additional 11,697 shares during the last quarter. Institutional investors and hedge funds own 84.93% of the company’s stock.

iShares Russell 1000 Value ETF Price Performance

NYSEARCA IWD opened at $257.42 on Friday. iShares Russell 1000 Value ETF has a fifty-two week low of $199.79 and a fifty-two week high of $260.19. The stock’s 50-day moving average is $254.61 and its two-hundred day moving average is $244.98. The firm has a market cap of $84.23 billion, a P/E ratio of 18.83 and a beta of 0.84.

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). 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.