Montis Financial LLC Grows Stake in iShares Russell 1000 Value ETF $IWD

Montis Financial LLC increased its holdings in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 12.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,411 shares of the exchange traded fund’s stock after purchasing an additional 158 shares during the period. Montis Financial LLC’s holdings in iShares Russell 1000 Value ETF were worth $274,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWD. Truvestments Capital LLC bought a new stake in shares of iShares Russell 1000 Value ETF during the first quarter valued at approximately $25,000. GKV Capital Management Co. Inc. purchased a new position in iShares Russell 1000 Value ETF during the first quarter valued at $27,000. Whipplewood Advisors LLC bought a new stake in iShares Russell 1000 Value ETF in the 1st quarter valued at $33,000. Dakota Community Bank & Trust NA purchased a new stake in iShares Russell 1000 Value ETF in the 1st quarter worth $36,000. Finally, Creative Capital Management Investments LLC bought a new position in shares of iShares Russell 1000 Value ETF during the 1st quarter valued at about $38,000. 84.93% of the stock is currently owned by institutional investors.

iShares Russell 1000 Value ETF Stock Up 0.8%

Shares of iShares Russell 1000 Value ETF stock opened at $202.98 on Monday. The firm has a market cap of $64.06 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The business has a 50-day moving average price of $199.56 and a 200-day moving average price of $191.33. iShares Russell 1000 Value ETF has a twelve month low of $163.19 and a twelve month high of $204.02.

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).