Stairway Partners LLC purchased a new position in iShares Russell 1000 Value ETF (NYSEARCA:IWD – Free Report) in the third quarter, Holdings Channel reports. The fund purchased 1,317,850 shares of the exchange traded fund’s stock, valued at approximately $326,735,000. iShares Russell 1000 Value ETF accounts for approximately 15.6% of Stairway Partners LLC’s investment portfolio, making the stock its biggest holding.
Several other hedge funds and other institutional investors have also recently bought and sold shares of IWD. Retirement Wealth Solutions LLC raised its stake in iShares Russell 1000 Value ETF by 11.5% during the second quarter. Retirement Wealth Solutions LLC now owns 377 shares of the exchange traded fund’s stock valued at $91,000 after buying an additional 39 shares in the last quarter. Simplicity Wealth LLC grew its position in shares of iShares Russell 1000 Value ETF by 0.3% in the 1st quarter. Simplicity Wealth LLC now owns 16,034 shares of the exchange traded fund’s stock worth $3,426,000 after acquiring an additional 44 shares in the last quarter. Falcon Wealth Planning grew its position in shares of iShares Russell 1000 Value ETF by 3.9% in the 1st quarter. Falcon Wealth Planning now owns 1,204 shares of the exchange traded fund’s stock worth $257,000 after acquiring an additional 45 shares in the last quarter. Members Wealth LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 3.6% in the 1st quarter. Members Wealth LLC now owns 1,330 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 46 shares during the last quarter. Finally, Grant Street Asset Management Inc. increased its holdings in shares of iShares Russell 1000 Value ETF by 0.4% in the 1st quarter. Grant Street Asset Management Inc. now owns 12,762 shares of the exchange traded fund’s stock valued at $2,727,000 after acquiring an additional 51 shares during the last quarter. 84.93% of the stock is owned by institutional investors.
iShares Russell 1000 Value ETF Trading Up 0.1%
IWD stock opened at $248.24 on Friday. The firm has a market cap of $81.00 billion, a P/E ratio of 18.83 and a beta of 0.83. iShares Russell 1000 Value ETF has a 12-month low of $199.40 and a 12-month high of $260.19. The stock’s 50 day simple moving average is $254.67 and its 200 day simple moving average is $240.61.
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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