Cullen Capital Management LLC bought a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,000 shares of the exchange traded fund’s stock, valued at approximately $485,000.
Other large investors have also made changes to their positions in the company. Compass Financial Management LLC acquired a new stake in iShares Russell 1000 Value ETF during the 2nd quarter worth about $492,000. C M Bidwell & Associates Ltd. purchased a new position in iShares Russell 1000 Value ETF during the 2nd quarter valued at about $30,000. Great Lakes Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the 2nd quarter valued at about $4,626,000. Trust Co. of Vermont purchased a new stake in shares of iShares Russell 1000 Value ETF in the second quarter worth approximately $785,000. Finally, S&CO Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF in the second quarter worth approximately $1,224,000. Institutional investors and hedge funds own 84.93% of the company’s stock.
iShares Russell 1000 Value ETF Stock Performance
IWD stock opened at $258.27 on Wednesday. The stock has a market cap of $83.91 billion, a P/E ratio of 18.83 and a beta of 0.83. The firm has a 50 day simple moving average of $249.93 and a 200 day simple moving average of $234.59. iShares Russell 1000 Value ETF has a 52 week low of $199.13 and a 52 week high of $260.19.
iShares Russell 1000 Value ETF 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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