Fiduciary Family Office LLC Takes $2.29 Million Position in iShares Russell 1000 Value ETF $IWD

Fiduciary Family Office LLC purchased a new stake in iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 11,774 shares of the exchange traded fund’s stock, valued at approximately $2,287,000. iShares Russell 1000 Value ETF accounts for 0.7% of Fiduciary Family Office LLC’s holdings, making the stock its 23rd largest position.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Goldman Sachs Group Inc. grew its position in iShares Russell 1000 Value ETF by 2.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,629,692 shares of the exchange traded fund’s stock worth $2,940,883,000 after purchasing an additional 363,429 shares during the last quarter. Baird Financial Group Inc. grew its position in iShares Russell 1000 Value ETF by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 4,681,498 shares of the exchange traded fund’s stock worth $880,871,000 after purchasing an additional 81,955 shares during the last quarter. Northern Trust Corp grew its position in iShares Russell 1000 Value ETF by 5.9% in the 1st quarter. Northern Trust Corp now owns 4,518,369 shares of the exchange traded fund’s stock worth $850,176,000 after purchasing an additional 253,088 shares during the last quarter. LPL Financial LLC grew its position in iShares Russell 1000 Value ETF by 6.2% in the 1st quarter. LPL Financial LLC now owns 3,949,393 shares of the exchange traded fund’s stock worth $743,118,000 after purchasing an additional 229,198 shares during the last quarter. Finally, M&T Bank Corp grew its position in iShares Russell 1000 Value ETF by 2.2% in the 1st quarter. M&T Bank Corp now owns 3,804,155 shares of the exchange traded fund’s stock worth $715,790,000 after purchasing an additional 83,318 shares during the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Up 1.0%

NYSEARCA IWD opened at $204.91 on Tuesday. iShares Russell 1000 Value ETF has a 52 week low of $163.19 and a 52 week high of $206.01. The stock has a market cap of $64.80 billion, a price-to-earnings ratio of 18.83 and a beta of 0.95. The company has a 50-day moving average price of $201.85 and a two-hundred day moving average price of $193.22.

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).