Maloon Powers Pitre Higgins & Dennehy LLC purchased a new stake in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 31,668 shares of the exchange traded fund’s stock, valued at approximately $7,677,000. iShares Russell 1000 Value ETF makes up 2.6% of Maloon Powers Pitre Higgins & Dennehy LLC’s portfolio, making the stock its 9th biggest position.
A number of other large investors also recently bought and sold shares of IWD. Brighton Jones LLC grew its stake in shares of iShares Russell 1000 Value ETF by 8.9% during the 4th quarter. Brighton Jones LLC now owns 36,663 shares of the exchange traded fund’s stock worth $6,787,000 after purchasing an additional 2,981 shares during the period. Bison Wealth LLC lifted its stake in shares of iShares Russell 1000 Value ETF by 13.9% in the 4th quarter. Bison Wealth LLC now owns 4,121 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 502 shares during the period. Schnieders Capital Management LLC. lifted its stake in shares of iShares Russell 1000 Value ETF by 39.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 3,876 shares of the exchange traded fund’s stock valued at $753,000 after purchasing an additional 1,089 shares during the period. Qube Research & Technologies Ltd purchased a new stake in iShares Russell 1000 Value ETF during the second quarter worth $3,847,000. Finally, Sei Investments Co. boosted its holdings in iShares Russell 1000 Value ETF by 12.7% during the second quarter. Sei Investments Co. now owns 32,275 shares of the exchange traded fund’s stock worth $6,269,000 after buying an additional 3,637 shares in the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.
iShares Russell 1000 Value ETF Stock Performance
IWD stock opened at $257.63 on Friday. The firm has a market cap of $83.70 billion, a PE ratio of 18.83 and a beta of 0.83. The firm’s fifty day moving average is $252.41 and its 200 day moving average is $236.42. iShares Russell 1000 Value ETF has a one year low of $199.40 and a one year high of $260.19.
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.
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